Filed January 12, 2022 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA ADVISORS LLC Service code 26 · EIN 22-1862786 | Advisory (Participants) | $428,815 |
AB FUNDS8+ years Filed as: ALLIANCE BERNSTEIN Service code 15 · EIN 13-4064930 | Recordkeeping | $422,450 |
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 15 · EIN 04-3516284 | Recordkeeping | $313,569 |
NEWPORT GROUP, INC.6 years Filed as: NEWPORT TRUST Service code 28 · EIN 27-4411131 | Investment Management | $175,000 |
Filed as: STATE STREET BANK AND TRUST CO Service code 19 · EIN 04-1867445 | Securities Custodian | $36,085 |
STATE STREET GLOBAL ADVISORS8+ years Service code 19 · EIN 81-4017137 | Securities Custodian | $21,912 |
MERCER1 year Service code 27 · EIN 30-0282430 | Advisory (Plan) | $18,000 |
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 | $115,347 | $41,203+179.9% | $61,629+87.2% | $89,433+29.0% |
| Participation rate | 19.3% | 35.4%-16.0pp | 52.6%-33.3pp | 71.3%-52.0pp |
| Annual return | -12.26% | -14.63%+2.4pp | 339.09%-351.4pp | -11.88%-0.4pp |
| Employer contribution / active EE | $913 | $603+51.4% | $1,160-21.3% | $3,021-69.8% |
| Participant deferral / active EE | $1,735 | $1,367+26.9% | $2,124-18.3% | $5,125-66.1% |
| Admin fee / account holder | $111 | $74+51.3% | $2,132-94.8% | $79+40.3% |