Filed July 3, 2013
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.
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.1 year Filed as: BRANCH BANKING & TRUST COMPANY Service code 16 · EIN 56-1368984 | Consulting | $47,787 |
BB&T IIA1 year Service code 51 · EIN 57-0956597 | Investment Mgmt Fees | $18,297 |
PRONVEST1 year Service code 26 · EIN 62-1823351 | Advisory (Participants) | $14,017 |
BB&T1 year Service code 52 | Indirect Investment Fees | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $77,260 | $58,726+31.6% | $92,233-16.2% | $62,292+24.0% |
| Participation rate | 97.6% | 68.3%+29.3pp | 76.5%+21.2pp | 69.5%+28.1pp |
| Annual return | 19.40% | 43.62%-24.2pp | 176.28%-156.9pp | 28.90%-9.5pp |
| Employer contribution / active EE | $1,512 | $2,392-36.8% | $3,679-58.9% | $2,042-26.0% |
| Participant deferral / active EE | $4,297 | $2,766+55.4% | $3,897+10.3% | $3,169+35.6% |
| Admin fee / account holder | $602 | $556+8.2% | $5,194-88.4% | $479+25.6% |