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| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.1 year Filed as: SUNTRUST BANK Service code 26 · EIN 58-0466330 | Advisory (Participants) | $27,515 |
Filed as: JOHN HANCOCK LIFE INS CO (U.S.A.) Service code 15 · EIN 01-0233346 | Recordkeeping | $2,472 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $71,007 | $37,196+90.9% | $154,111-53.9% | $55,725+27.4% |
| Participation rate | 100.0% | 64.1%+35.9pp | 83.0%+17.0pp | 70.9%+29.1pp |
| Annual return | -5.27% | 1319.68%-1324.9pp | 735.18%-740.5pp | 244.93%-250.2pp |
| Employer contribution / active EE | $5,980 | $1,614+270.5% | $5,298+12.9% | $2,078+187.7% |
| Participant deferral / active EE | $3,966 | $2,068+91.8% | $5,081-21.9% | $3,356+18.2% |
| Admin fee / account holder | $373 | $102+267.3% | $13,411-97.2% | $115+224.0% |