Filed December 4, 2023
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 |
|---|---|---|
BB&T5+ years Filed as: BB & T Service code 21 · EIN 56-1368984 | Bank Trustee | $11,852 |
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 | $137,517 | $86,332+59.3% | $125,175+9.9% | $65,185+111.0% |
| Participation rate | 77.0% | 75.3%+1.7pp | 79.8%-2.8pp | 70.2%+6.8pp |
| Annual return | 22.02% | 27.43%-5.4pp | 43.79%-21.8pp | 29.38%-7.4pp |
| Employer contribution / active EE | $677 | $2,040-66.8% | $3,865-82.5% | $2,177-68.9% |
| Participant deferral / active EE | $2,956 | $3,537-16.4% | $4,937-40.1% | $3,514-15.9% |
| Admin fee / account holder | $95 | $609-84.4% | $9,702-99.0% | $847-88.8% |