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.2+ years Filed as: BRANCH BANKING & TRUST COMPANY Service code 15 · EIN 56-1368984 | Recordkeeping | $46,947 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $14,257 | $22,291-36.0% | $69,182-79.4% | $63,975-77.7% |
| Participation rate | 57.2% | 35.3%+21.9pp | 55.1%+2.1pp | 71.1%-13.9pp |
| Annual return | 6.64% | 9.30%-2.7pp | -21.93%+28.6pp | 48.65%-42.0pp |
| Employer contribution / active EE | $204 | $325-37.4% | $1,206-83.1% | $2,182-90.7% |
| Participant deferral / active EE | $716 | $808-11.3% | $1,897-62.2% | $3,356-78.7% |
| Admin fee / account holder | $71 | $73-2.3% | $2,697-97.4% | $70+1.3% |