Filed August 14, 2009
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 AND TRUST Service code 16 · EIN 56-1368984 | Consulting | $11,588 |
BB&T1 year Filed as: BB&T INSTITUTIONAL INV ADVISORS Service code 27 · EIN 57-0956597 | Advisory (Plan) | $4,998 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $15,682 | $39,898-60.7% | $121,196-87.1% | $55,725-71.9% |
| Participation rate | 48.1% | 61.2%-13.1pp | 71.7%-23.6pp | 70.9%-22.7pp |
| Annual return | 0.83% | -0.96%+1.8pp | 16.93%-16.1pp | 244.93%-244.1pp |
| Employer contribution / active EE | $243 | $1,295-81.2% | $4,022-94.0% | $2,078-88.3% |
| Participant deferral / active EE | $678 | $2,439-72.2% | $3,344-79.7% | $3,356-79.8% |
| Admin fee / account holder | $111 | $95+16.3% | $5,019-97.8% | $115-4.0% |