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) | $476,660 |
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 15 · EIN 04-3516284 | Recordkeeping | $342,551 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT TRUST COMPANY Service code 28 · EIN 27-2037969 | Investment Management | $175,000 |
STATE STREET GLOBAL ADVISORS2 years Filed as: STATE STREET BANK AND TRUST CO Service code 19 · EIN 04-1867445 | Securities Custodian | $122,101 |
Filed as: STATE STREET GLOBAL ADVISORS TRUST Service code 18 · EIN 81-4017137 | Custodial (other than securities); Tr... | $66,648 |
AB FUNDS9+ years Filed as: ALLIANCE BERNSTEIN Service code 15 · EIN 13-4064930 | Recordkeeping | $26,253 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $124,156 | $45,365+173.7% | $58,516+112.2% | $96,393+28.8% |
| Participation rate | 19.8% | 30.9%-11.0pp | 50.9%-31.1pp | 71.3%-51.4pp |
| Annual return | 14.05% | 20.48%-6.4pp | 4253.81%-4239.8pp | 22.88%-8.8pp |
| Employer contribution / active EE | $970 | $584+66.1% | $1,054-7.9% | $3,239-70.0% |
| Participant deferral / active EE | $1,814 | $1,304+39.1% | $1,923-5.7% | $5,455-66.8% |
| Admin fee / account holder | $115 | $74+55.4% | $2,487-95.4% | $74+56.1% |