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 9-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 AND TRUST Service code 17 · EIN 56-1368984 | Pension Consulting | $3,358 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,591 | $73,638-62.5% | $95,952-71.2% | $73,488-62.5% |
| Participation rate | 54.2% | 76.2%-21.9pp | 77.1%-22.9pp | 70.7%-16.5pp |
| Annual return | 17.22% | 16.78%+0.4pp | 91.61%-74.4pp | 28.51%-11.3pp |
| Employer contribution / active EE | $436 | $1,863-76.6% | $2,541-82.8% | $2,270-80.8% |
| Participant deferral / active EE | $2,452 | $3,617-32.2% | $4,167-41.1% | $3,740-34.4% |
| Admin fee / account holder | $50 | $482-89.6% | $6,795-99.3% | $513-90.2% |