Filed November 18, 2016
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.3 years Filed as: TRUIST ADVISORY SERVICES INC Service code 99 | Other Fees | $28,311 |
Filed as: CREATIVE RETIREMENT SYSTEMS Service code 49 25 MERCHANT ST STE 135 · CINCINNATI, OH 45246 | Other Services | $5,924 |
MORNINGSTAR6 years Service code 27 | Advisory (Plan) | $1,832 |
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 64 | Recordkeeping Fees | $36 |
SUNTRUST BANKS, INC.4 years Filed as: TRUIST INVESTMENT SERVICES Service code 99 · EIN 37-1808847 | Other Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $106,830 | $198,836-46.3% | $103,333+3.4% | - |
| Participation rate | 41.8% | 60.8%-19.1pp | 74.5%-32.7pp | - |
| Annual return | 15.78% | 12.43%+3.4pp | 24.88%-9.1pp | - |
| Employer contribution / active EE | $896 | $2,607-65.6% | $3,868-76.8% | - |
| Participant deferral / active EE | $1,989 | $3,407-41.6% | $5,057-60.7% | - |
| Admin fee / account holder | $45 | $10,004-99.6% | $8,355-99.5% | - |