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| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.6+ years Filed as: BRANCH BANKING AND TRUST COMPANY Service code 16 · EIN 56-1368984 | Consulting | $83,715 |
Filed as: BB&T INSTITUTIONAL ADVISORS, INC. Service code 26 · EIN 57-0956597 | Advisory (Participants) | $30,246 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $27,976 | $91,517-69.4% | $101,275-72.4% | $73,412-61.9% |
| Participation rate | 96.1% | 73.8%+22.3pp | 75.8%+20.2pp | 72.2%+23.9pp |
| Annual return | 13.20% | 17.17%-4.0pp | 46.48%-33.3pp | 59.30%-46.1pp |
| Employer contribution / active EE | $542 | $2,877-81.2% | $3,660-85.2% | $2,234-75.7% |
| Participant deferral / active EE | $3,008 | $3,338-9.9% | $4,371-31.2% | $3,806-21.0% |
| Admin fee / account holder | $107 | $216-50.6% | $5,948-98.2% | $158-32.5% |