Filed January 23, 2021
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| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.3 years Filed as: BRANCH BANKING AND TRUST COMPANY Service code 15 · EIN 56-1368984 | Recordkeeping | $22,826 |
PRONVEST2 years Service code 26 · EIN 62-1823351 | Advisory (Participants) | $16,417 |
BB&T2 years 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 | $23,901 | $55,449-56.9% | $83,850-71.5% | $56,287-57.5% |
| Participation rate | 99.0% | 68.0%+31.0pp | 76.1%+22.9pp | 69.9%+29.2pp |
| Annual return | -2.91% | -1.38%-1.5pp | 850.92%-853.8pp | -9.96%+7.0pp |
| Employer contribution / active EE | $554 | $2,430-77.2% | $3,631-84.8% | $2,111-73.8% |
| Participant deferral / active EE | $2,979 | $2,935+1.5% | $4,082-27.0% | $3,350-11.1% |
| Admin fee / account holder | $156 | $656-76.3% | $5,478-97.2% | $521-70.1% |