Filed July 11, 2022
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 |
|---|---|---|
Service code 12 · EIN 48-1205033 | Recordkeeping and information managem... | $0 |
SUNTRUST BANKS, INC.1+ years Service code 21 303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308 | Bank Trustee | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $46,681 | $39,245+18.9% | $64,105-27.2% | $52,331-10.8% |
| Participation rate | 67.5% | 58.2%+9.3pp | 68.2%-0.7pp | 68.1%-0.6pp |
| Annual return | -2.86% | 14.79%-17.6pp | 791.24%-794.1pp | 4.54%-7.4pp |
| Employer contribution / active EE | $1,103 | $736+49.8% | $1,820-39.4% | $1,882-41.4% |
| Participant deferral / active EE | $1,898 | $1,992-4.7% | $2,822-32.7% | $3,022-37.2% |
| Admin fee / account holder | $6 | $592-99.0% | $4,499-99.9% | $592-99.0% |