Filed June 30, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 26 · EIN 71-0294708 | Advisory (Participants) | $19,762 |
Filed as: VOYA RETIREMENT ADVISORS Service code 26 · EIN 02-0488491 | Advisory (Participants) | $14,453 |
COHNREZNICK LLP3 years Filed as: COHNREZNICK Service code 10 · EIN 33-4144829 | Accounting | $9,450 |
EPIC RETIREMENT PLAN SERVICES11+ years Filed as: FREEMAN RETIREMENT PLAN CONSULTING Service code 49 · EIN 27-0212300 | Other Services | $0 |
MORNINGSTAR9 years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $0 |
OSAIC WEALTH INC3 years Filed as: OSAIC WEALTH, INC. Service code 99 · EIN 04-2442399 | Other Fees | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $102,256 | $131,799-22.4% | $200,582-49.0% | $85,563+19.5% |
| Participation rate | 82.1% | 87.9%-5.9pp | 86.9%-4.8pp | 66.0%+16.1pp |
| Annual return | 17.28% | 21.59%-4.3pp | 42.33%-25.1pp | 31.51%-14.2pp |
| Employer contribution / active EE | $3,687 | $4,532-18.6% | $6,419-42.6% | $2,654+38.9% |
| Participant deferral / active EE | $8,743 | $7,702+13.5% | $9,331-6.3% | $4,375+99.8% |
| Admin fee / account holder | $80 | $235-66.0% | $16,305-99.5% | $834-90.4% |