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| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.2+ years Service code 21 303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308 | Bank Trustee | $6,638 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $49,726 | $107,378-53.7% | $108,582-54.2% | $57,658-13.8% |
| Participation rate | 54.4% | 77.1%-22.7pp | 79.6%-25.1pp | 70.2%-15.8pp |
| Annual return | 8.92% | 12.80%-3.9pp | -51.70%+60.6pp | 5.13%+3.8pp |
| Employer contribution / active EE | $1,020 | $1,782-42.8% | $3,758-72.9% | $1,974-48.3% |
| Participant deferral / active EE | $1,888 | $3,221-41.4% | $4,311-56.2% | $3,061-38.3% |
| Admin fee / account holder | $30 | $108-72.4% | $7,645-99.6% | $95-68.4% |