Filed January 23, 2021
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| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.2 years Filed as: BRANCH BANKING AND TRUST COMPANY Service code 15 · EIN 56-1368984 | Recordkeeping | $13,036 |
PRONVEST1 year Service code 26 · EIN 62-1823351 | Advisory (Participants) | $8,274 |
BB&T1 year Service code 99 | Other Fees | $0 |
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 | $23,438 | $58,726-60.1% | $92,240-74.6% | $62,293-62.4% |
| Participation rate | 96.7% | 68.3%+28.3pp | 76.5%+20.2pp | 69.5%+27.1pp |
| Annual return | 23.38% | 43.62%-20.2pp | 176.29%-152.9pp | 28.90%-5.5pp |
| Employer contribution / active EE | $504 | $2,392-78.9% | $3,680-86.3% | $2,042-75.3% |
| Participant deferral / active EE | $2,619 | $2,766-5.3% | $3,897-32.8% | $3,169-17.4% |
| Admin fee / account holder | $83 | $556-85.2% | $5,194-98.4% | $479-82.8% |