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 10-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: TRUIST FINANCIAL CORPORATION Service code 21 · EIN 56-0939887 214 NORTH TRYON ST · CHARLOTTE, NC 28202 | Bank Trustee | $87,313 |
SUNTRUST BANKS, INC.1 year Filed as: STERLING CAPITAL MANAGEMENT, LLC Service code 27 · EIN 42-1658828 4350 CONGRESS STREET, SUITE 1000 · CHARLOTTE, NC 28209 | Advisory (Plan) | $42,548 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,458 | $62,603+3.0% | $104,294-38.2% | $66,914-3.7% |
| Participation rate | 65.4% | 59.6%+5.8pp | 73.3%-7.9pp | 69.8%-4.4pp |
| Annual return | -16.91% | -14.70%-2.2pp | 24.61%-41.5pp | 1.58%-18.5pp |
| Employer contribution / active EE | $3,330 | $1,972+68.9% | $3,372-1.2% | $2,544+30.9% |
| Participant deferral / active EE | $0 | $2,853-100.0% | $4,625-100.0% | $4,237-100.0% |
| Admin fee / account holder | $282 | $656-57.0% | $7,339-96.2% | $593-52.5% |