Filed January 19, 2024 (most recent of 2 filings on file)
Total covered: 9 employees
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.4+ years Service code 21 303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308 | Bank Trustee | $37,343 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,927 | $65,118-8.0% | $76,768-21.9% | $55,725+7.5% |
| Participation rate | 96.2% | 79.6%+16.6pp | 77.0%+19.2pp | 70.9%+25.3pp |
| Annual return | -3.31% | -1.27%-2.0pp | 2.43%-5.7pp | 244.93%-248.2pp |
| Employer contribution / active EE | $4,735 | $1,941+143.9% | $2,485+90.5% | $2,078+127.8% |
| Participant deferral / active EE | $2,750 | $3,688-25.4% | $3,852-28.6% | $3,356-18.1% |
| Admin fee / account holder | $15 | $116-87.1% | $6,675-99.8% | $115-87.0% |