Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
BB&T1 year Filed as: BB&T INSTITUTIONAL SERVICES Service code 15 · EIN 56-0939887 | Recordkeeping | $200 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,288 | $55,453-81.4% | $170,435-94.0% | $62,293-83.5% |
| Participation rate | 45.0% | 66.4%-21.4pp | 83.6%-38.6pp | 69.5%-24.6pp |
| Annual return | 87.60% | 21.38%+66.2pp | 205.94%-118.3pp | 28.90%+58.7pp |
| Employer contribution / active EE | $210 | $2,164-90.3% | $5,432-96.1% | $2,042-89.7% |
| Participant deferral / active EE | $1,217 | $2,303-47.2% | $4,939-75.4% | $3,169-61.6% |
| Admin fee / account holder | $5 | $455-98.9% | $13,881-100.0% | $479-99.0% |