Filed August 2, 2021
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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.1+ years Service code 21 303 PEACHTREE STREET, 15TH FLOOR · ATLANTA, GA 30308 | Bank Trustee | $11,380 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $29,305 | $50,498-42.0% | $75,781-61.3% | $55,191-46.9% |
| Participation rate | 26.4% | 69.4%-43.0pp | 75.8%-49.4pp | 69.2%-42.8pp |
| Annual return | 10.43% | 1.80%+8.6pp | 9.68%+0.8pp | 10.78%-0.4pp |
| Employer contribution / active EE | $309 | $2,291-86.5% | $3,323-90.7% | $1,899-83.8% |
| Participant deferral / active EE | $1,253 | $2,589-51.6% | $3,651-65.7% | $3,046-58.9% |
| Admin fee / account holder | $42 | $123-65.7% | $5,299-99.2% | $91-53.5% |