See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 9-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
BB&T2+ years Filed as: BB&T INSTITUTIONAL SERVICES Service code 15 · EIN 56-0939887 | Recordkeeping | $2,321 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,927 | $36,767-78.4% | $81,478-90.3% | $62,292-87.3% |
| Participation rate | 20.4% | 54.4%-34.0pp | 68.0%-47.5pp | 69.5%-49.1pp |
| Annual return | 23.76% | 173.80%-150.0pp | 38.78%-15.0pp | 28.90%-5.1pp |
| Employer contribution / active EE | $437 | $1,128-61.2% | $2,568-83.0% | $2,042-78.6% |
| Participant deferral / active EE | $658 | $2,111-68.8% | $3,537-81.4% | $3,169-79.2% |
| Admin fee / account holder | $47 | $797-94.1% | $4,561-99.0% | $479-90.1% |