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 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $28,277 | $89,652-68.5% | $141,177-80.0% | $65,185-56.6% |
| Participation rate | 82.4% | 74.7%+7.7pp | 82.5%-0.1pp | 70.2%+12.2pp |
| Annual return | 25.51% | 32.79%-7.3pp | 71.40%-45.9pp | 29.38%-3.9pp |
| Employer contribution / active EE | $1,384 | $3,065-54.8% | $4,736-70.8% | $2,177-36.4% |
| Participant deferral / active EE | $2,959 | $5,691-48.0% | $6,710-55.9% | $3,514-15.8% |
| Admin fee / account holder | $35 | $569-93.9% | $10,263-99.7% | $847-95.9% |