Filed January 11, 2019
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT & ANNUTY CO Service code 64 · EIN 71-0024708 PO BOX 990067 · HARTFORD, CT 06199 | Recordkeeping Fees | $65,036 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES, LLC Service code 99 · EIN 34-1542819 | Other Fees | $43,664 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,798 | $65,960-41.2% | $81,844-52.6% | $77,736-50.1% |
| Participation rate | 59.1% | 65.8%-6.6pp | 72.4%-13.2pp | 70.6%-11.4pp |
| Annual return | 16.67% | 26.64%-10.0pp | 778.87%-762.2pp | 31.26%-14.6pp |
| Employer contribution / active EE | $2,499 | $2,375+5.2% | $2,916-14.3% | $2,728-8.4% |
| Participant deferral / active EE | $3,975 | $3,505+13.4% | $4,323-8.1% | $4,651-14.5% |
| Admin fee / account holder | $227 | $526-56.8% | $7,355-96.9% | $433-47.6% |