Filed April 12, 2023 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
SUNTRUST BANKS, INC.3+ years Service code 21 303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308 | Bank Trustee | $106,685 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,435 | $123,286-58.3% | $75,501-31.9% | $77,958-34.0% |
| Participation rate | 100.0% | 78.8%+21.2pp | 72.4%+27.6pp | 71.6%+28.4pp |
| Annual return | 4.86% | 20.45%-15.6pp | 27.35%-22.5pp | 20.87%-16.0pp |
| Employer contribution / active EE | $1,465 | $2,035-28.0% | $2,352-37.7% | $2,310-36.6% |
| Participant deferral / active EE | $1,346 | $3,095-56.5% | $3,142-57.2% | $3,537-61.9% |
| Admin fee / account holder | $37 | $144-74.7% | $5,801-99.4% | $97-62.5% |