See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.1+ years Filed as: BBANDT Service code 21 · EIN 56-1368984 | Bank Trustee | $18,928 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $48,663 | $50,464-3.6% | $75,781-35.8% | $52,331-7.0% |
| Participation rate | 38.6% | 66.8%-28.2pp | 75.8%-37.2pp | 68.1%-29.5pp |
| Annual return | -1.98% | 1.03%-3.0pp | 9.68%-11.7pp | 4.54%-6.5pp |
| Employer contribution / active EE | $719 | $1,988-63.9% | $3,323-78.4% | $1,882-61.8% |
| Participant deferral / active EE | $1,619 | $2,570-37.0% | $3,651-55.7% | $3,022-46.4% |
| Admin fee / account holder | $394 | $1,103-64.2% | $5,299-92.6% | $592-33.3% |