Filed January 22, 2024
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 | Advisory (Participants) | $0 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,861 | $73,102-66.0% | $123,552-79.9% | $56,287-55.8% |
| Participation rate | 100.0% | 74.3%+25.7pp | 82.3%+17.7pp | 69.9%+30.1pp |
| Annual return | -3.57% | 3.01%-6.6pp | 119.20%-122.8pp | -9.96%+6.4pp |
| Employer contribution / active EE | $1,890 | $2,977-36.5% | $4,628-59.2% | $2,111-10.5% |
| Participant deferral / active EE | $3,284 | $5,423-39.4% | $6,426-48.9% | $3,350-2.0% |
| Admin fee / account holder | $52 | $554-90.6% | $9,285-99.4% | $521-90.0% |