Introduction
BB&T Retirement and Institutional Services
www.bbt.com/retirementsolutionsAssets ($MM) by Plan Type | ||||
---|---|---|---|---|
Ranked #37 | $12,234 | |||
401(k) | $10,855 | |||
403(b) | $219 | |||
457 | $108 | |||
NQDC | $540 | |||
All Other | $512 |
Participants by Plan Size | ||||
---|---|---|---|---|
Ranked #41 | 212,773 | |||
<$10MM | 68,250 | |||
$10MM – $50MM | 65,769 | |||
>$50MM – $200MM | 24,979 | |||
>$200MM – $1BMM | 12,228 | |||
>$1B | 41,547 |
Service Offerings | |
---|---|
New client restrictions | None |
Multiple service models | Yes |
Offers corporate trustee services | Yes |
Internal ERISA counsel | 4 |
Will act as §3(16) fiduciary | No |
Participant Services | |
---|---|
Call center hours | Weekdays: 8 a.m. - 8 p.m. ET |
Online chat support | No |
Mobile app | Yes |
Managed account options | Morningstar/Ibbotson; ProNvest |
Retirement Income | |
---|---|
Displays retirement income estimate on statements | Yes |
Offers in-plan guaranteed retirement income products | No |
Offers out-of-plan annuity bidding service | Yes |
Recordkeeping Platform FIS Omni |
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*Data has been updated/revised since initial publication in PLANSPONSOR magazine. |