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&T2+ years Filed as: BB&T INSTITUTIONAL SERVICES Service code 15 · EIN 56-0939887 | Recordkeeping | $4,174 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $22,633 | $42,546-46.8% | $71,796-68.5% | $55,167-59.0% |
| Participation rate | 26.8% | 59.1%-32.3pp | 69.1%-42.3pp | 69.0%-42.2pp |
| Annual return | 5.16% | 12.36%-7.2pp | 78.04%-72.9pp | 169.23%-164.1pp |
| Employer contribution / active EE | $0 | $803-100.0% | $1,924-100.0% | $1,963-100.0% |
| Participant deferral / active EE | $913 | $2,064-55.8% | $2,794-67.3% | $3,054-70.1% |
| Admin fee / account holder | $70 | $650-89.3% | $4,815-98.6% | $504-86.1% |