Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
BB&T3+ years Filed as: BB&T INSTITUTIONAL SERVICES Service code 15 · EIN 56-0939887 | Recordkeeping | $6,085 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $10,209 | $43,717-76.6% | $81,473-87.5% | $77,958-86.9% |
| Participation rate | 3.9% | 42.5%-38.6pp | 68.0%-64.0pp | 71.6%-67.7pp |
| Annual return | 29.18% | 23.83%+5.4pp | 38.78%-9.6pp | 20.87%+8.3pp |
| Employer contribution / active EE | $0 | $919-100.0% | $2,568-100.0% | $2,310-100.0% |
| Participant deferral / active EE | $273 | $1,783-84.7% | $3,537-92.3% | $3,537-92.3% |
| Admin fee / account holder | $44 | $108-59.4% | $4,561-99.0% | $97-55.0% |