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| Provider | Service type | Compensation |
|---|---|---|
PROACCOUNT1 year Service code 26 · EIN 73-0988442 | Advisory (Participants) | $5,746 |
THE RETIREMENT ADVANTAGE INC4 years Filed as: THE RETIREMENT ADVANTAGE, INC. Service code 15 · EIN 39-1816008 | Recordkeeping | $2,827 |
NATIONWIDE9 years Service code 26 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Advisory (Participants) | $882 |
SUNTRUST BANKS, INC.1 year Filed as: SCOTT ECCELSTON Service code 26 · EIN 47-0533629 4241 SW HIGH MEADOW AVENUE · PALM CITY, FL 34990 | Advisory (Participants) | $125 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,985 | $80,781-45.6% | $102,437-57.1% | $74,478-40.9% |
| Participation rate | 41.1% | 65.7%-24.5pp | 74.5%-33.4pp | 67.2%-26.1pp |
| Annual return | 11.98% | 27.58%-15.6pp | 24.95%-13.0pp | 1370.56%-1358.6pp |
| Employer contribution / active EE | $797 | $3,160-74.8% | $3,871-79.4% | $2,626-69.6% |
| Participant deferral / active EE | $1,456 | $3,862-62.3% | $5,060-71.2% | $4,350-66.5% |
| Admin fee / account holder | $79 | $2,372-96.7% | $8,388-99.1% | $1,946-95.9% |