BB&T Corporation
72
Plan:
41
71
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (72) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $73,200 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
BB&T Corporation 401k Savings Plan is a defined contribution plan with a 401k feature and ESOP component. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Total Plan Cost. BB&T Corporation 401k Savings Plan currently has over 36,200 active participants and over $1.8B in plan assets.
Retirement Plan Details
| Address |
P.O. Box 1215
Winston-Salem, NC 27102-1215 |
| Industry | Commercial Banking |
| Administrator | Steve Reeder, Senior Vice President |
| Sponsor | Cindy Powell, Evp Corp Controller |
| Net Plan Assets | $1,850,000,000 |
| Total Participants | 36,000 |
| Avg Account Balance | $51,000 |
Compare Other Companies in Peer Group
| The Northern Trust Company | 76.7 |
| KeyCorp | 76.7 |
| SunTrust Banks | 74.4 |
| Citizens Financial Group | 74.3 |
| Fifth Third Bank | 72.2 |
| Bank of America | 47.9 |
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