Filed September 19, 2019
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 |
|---|---|---|
BB&T1 year Filed as: BB&T INSTITUTIONAL SERVICES Service code 15 · EIN 56-0939887 | Recordkeeping | $21,407 |
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 | $31,246 | $72,277-56.8% | $101,248-69.1% | $79,858-60.9% |
| Participation rate | 91.1% | 68.5%+22.7pp | 75.8%+15.3pp | 69.6%+21.5pp |
| Annual return | 26.74% | 22.30%+4.4pp | 46.47%-19.7pp | 31.71%-5.0pp |
| Employer contribution / active EE | $1,000 | $2,692-62.8% | $3,660-72.7% | $2,471-59.5% |
| Participant deferral / active EE | $2,931 | $3,282-10.7% | $4,370-32.9% | $3,740-21.6% |
| Admin fee / account holder | $206 | $4,400-95.3% | $5,945-96.5% | $5,306-96.1% |