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 10-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 |
|---|---|---|
SUNTRUST BANKS, INC.6+ years Filed as: BBANDT Service code 15 · EIN 56-1368984 | Recordkeeping | $32,075 |
BB&T IIA3 years Service code 27 · EIN 57-0956597 | Advisory (Plan) | $11,832 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $71,091 | $81,474-12.7% | $133,956-46.9% | $73,488-3.3% |
| Participation rate | 67.5% | 76.4%-8.8pp | 79.8%-12.3pp | 70.7%-3.2pp |
| Annual return | 13.15% | 19.40%-6.3pp | 45.09%-31.9pp | 28.51%-15.4pp |
| Employer contribution / active EE | $1,609 | $2,209-27.2% | $3,919-58.9% | $2,270-29.1% |
| Participant deferral / active EE | $3,027 | $3,786-20.0% | $5,048-40.0% | $3,740-19.0% |
| Admin fee / account holder | $396 | $713-44.5% | $8,927-95.6% | $513-22.9% |