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 | $38,189 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $40,976 | $63,314-35.3% | $91,004-55.0% | $62,293-34.2% |
| Participation rate | 64.9% | 73.3%-8.4pp | 75.6%-10.7pp | 69.5%-4.6pp |
| Annual return | 15.81% | 21.00%-5.2pp | 4.60%+11.2pp | 28.90%-13.1pp |
| Employer contribution / active EE | $983 | $1,807-45.6% | $2,456-60.0% | $2,042-51.9% |
| Participant deferral / active EE | $2,153 | $2,944-26.9% | $3,548-39.3% | $3,169-32.1% |
| Admin fee / account holder | $344 | $468-26.4% | $5,417-93.6% | $479-28.2% |