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 |
|---|---|---|
SUNTRUST BANKS, INC.2+ years Service code 21 303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308 | Bank Trustee | $29,666 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $52,205 | $42,546+22.7% | $71,796-27.3% | $55,167-5.4% |
| Participation rate | 64.3% | 59.1%+5.1pp | 69.1%-4.9pp | 69.0%-4.7pp |
| Annual return | 9.00% | 12.36%-3.4pp | 78.04%-69.0pp | 169.23%-160.2pp |
| Employer contribution / active EE | $1,193 | $803+48.5% | $1,924-38.0% | $1,963-39.2% |
| Participant deferral / active EE | $2,324 | $2,064+12.6% | $2,794-16.8% | $3,054-23.9% |
| Admin fee / account holder | $202 | $650-68.9% | $4,815-95.8% | $504-60.0% |