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) | $124 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,161 | $84,493-39.4% | $125,381-59.2% | $66,938-23.6% |
| Participation rate | 98.1% | 76.4%+21.7pp | 82.4%+15.8pp | 69.8%+28.3pp |
| Annual return | -16.64% | -8.49%-8.1pp | 572.31%-588.9pp | 1.58%-18.2pp |
| Employer contribution / active EE | $2,859 | $3,554-19.5% | $4,815-40.6% | $2,545+12.3% |
| Participant deferral / active EE | $5,287 | $6,783-22.1% | $7,448-29.0% | $4,238+24.7% |
| Admin fee / account holder | $40 | $685-94.2% | $10,007-99.6% | $594-93.3% |