Filed January 19, 2024 (most recent of 2 filings on file)
Total covered: 9 employees
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| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.3+ years Service code 21 303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308 | Bank Trustee | $0 |
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 | $73,683 | $69,305+6.3% | $82,312-10.5% | $69,631+5.8% |
| Participation rate | 97.9% | 80.3%+17.7pp | 76.9%+21.0pp | 70.7%+27.2pp |
| Annual return | 17.35% | 21.47%-4.1pp | 25.88%-8.5pp | 27571.02%-27553.7pp |
| Employer contribution / active EE | $6,828 | $1,887+262.0% | $2,428+181.2% | $2,032+236.0% |
| Participant deferral / active EE | $2,824 | $3,568-20.9% | $3,706-23.8% | $3,224-12.4% |
| Admin fee / account holder | $0 | $97-100.0% | $5,608-100.0% | $110-100.0% |