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| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.1+ years Service code 21 303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308 | Bank Trustee | $77,057 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $21,171 | $72,770-70.9% | $67,652-68.7% | $55,191-61.6% |
| Participation rate | 98.0% | 78.8%+19.2pp | 75.7%+22.3pp | 69.2%+28.8pp |
| Annual return | -0.47% | -3.26%+2.8pp | 6625.40%-6625.9pp | 10.78%-11.3pp |
| Employer contribution / active EE | $833 | $1,769-52.9% | $2,266-63.2% | $1,899-56.1% |
| Participant deferral / active EE | $1,170 | $3,408-65.7% | $3,560-67.1% | $3,046-61.6% |
| Admin fee / account holder | $92 | $79+17.2% | $4,821-98.1% | $91+1.8% |