Filed April 12, 2023 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.1+ years Service code 21 303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308 | Bank Trustee | $128,695 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $57,227 | $54,890+4.3% | $63,244-9.5% | $59,188-3.3% |
| Participation rate | 100.0% | 75.6%+24.4pp | 71.0%+29.0pp | 69.4%+30.6pp |
| Annual return | 18.09% | 4.56%+13.5pp | -70.31%+88.4pp | 5.51%+12.6pp |
| Employer contribution / active EE | $1,333 | $1,831-27.2% | $2,322-42.6% | $2,098-36.5% |
| Participant deferral / active EE | $1,190 | $2,803-57.6% | $2,953-59.7% | $3,265-63.6% |
| Admin fee / account holder | $48 | $66-27.0% | $5,893-99.2% | $92-47.6% |