SunTrust Banks, Inc.
74
Plan:
41
71
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 14 point difference between this plan's BrightScope Rating (74) and the top rated plan (88) could equate to:
[How is this calculated?]
[How is this calculated?]
8 additional years of work Up to $135,600 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
SunTrust Banks, Inc. 401k Plan is a defined contribution plan with a profit-sharing component, 401k feature, and ESOP component. This plan has a BrightScope Rating of 74. This plan is in the top 15% of plans for Participation Rate and Total Plan Cost. SunTrust Banks, Inc. 401k Plan currently has over 37,700 active participants and over $1.8B in plan assets.
Retirement Plan Details
| Address |
Po Box 4418 Mail Code Ga Atl 0636-G
303 Peachtree Center Ave., Sute 200 Atlanta, GA 30302 |
| Industry | Commercial Banking |
| Administrator | Donna Lange |
| Net Plan Assets | $1,850,000,000 |
| Total Participants | 38,000 |
| Avg Account Balance | $49,000 |
Compare Other Companies in Peer Group
| The Northern Trust Company | 76.7 |
| KeyCorp | 76.7 |
| Citizens Financial Group | 74.3 |
| Fifth Third Bank | 72.2 |
| BB&T | 72.1 |
| Bank of America | 47.9 |
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