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.4 years Filed as: BRANCH BANKING & TRUST COMPANY Service code 16 · EIN 56-1368984 | Consulting | $54,296 |
PRONVEST4 years Service code 26 · EIN 62-1823351 | Advisory (Participants) | $27,489 |
BB&T IIA4 years Service code 51 · EIN 57-0956597 | Investment Mgmt Fees | $19,116 |
BB&T4 years 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.)
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 | $71,377 | $69,362+2.9% | $101,248-29.5% | $73,488-2.9% |
| Participation rate | 94.6% | 68.4%+26.2pp | 75.8%+18.8pp | 70.7%+24.0pp |
| Annual return | 15.64% | 18.46%-2.8pp | 46.47%-30.8pp | 28.51%-12.9pp |
| Employer contribution / active EE | $746 | $2,628-71.6% | $3,660-79.6% | $2,270-67.1% |
| Participant deferral / active EE | $5,936 | $3,300+79.9% | $4,370+35.8% | $3,740+58.7% |
| Admin fee / account holder | $564 | $704-19.9% | $5,945-90.5% | $513+9.9% |