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.3+ years Filed as: BBANDT Service code 21 · EIN 56-1368984 | Bank Trustee | $20,069 |
SUNTRUST BANKS, INC.1 year Filed as: BBANDT IIA Service code 51 · EIN 57-0956597 | Investment Mgmt Fees | $6,185 |
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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $50,199 | $58,726-14.5% | $92,233-45.6% | $62,292-19.4% |
| Participation rate | 43.2% | 68.3%-25.1pp | 76.5%-33.3pp | 69.5%-26.3pp |
| Annual return | 16.02% | 43.62%-27.6pp | 176.28%-160.3pp | 28.90%-12.9pp |
| Employer contribution / active EE | $846 | $2,392-64.6% | $3,679-77.0% | $2,042-58.6% |
| Participant deferral / active EE | $1,613 | $2,766-41.7% | $3,897-58.6% | $3,169-49.1% |
| Admin fee / account holder | $469 | $556-15.8% | $5,194-91.0% | $479-2.2% |