| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 15 · EIN 71-0294708 | Recordkeeping | $23,371 |
XEROX CORPORATION10+ years Service code 13 · EIN 16-0468020 | Contract Administrator | $9,709 |
STATE STREET GLOBAL ADVISORS2 years Filed as: STATE STREET BANK & TRUST Service code 25 · EIN 04-6028663 | Directed Trustee | $9,454 |
PRICEWATERHOUSECOOPERS LLP10+ years Service code 10 · EIN 13-4008324 | Accounting | $7,193 |
Service code 27 · EIN 04-3638035 | Advisory (Plan) | $6,044 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $132,910 | $89,123+49.1% | $102,460+29.7% | $77,762+70.9% |
| Participation rate | 65.8% | 80.9%-15.1pp | 76.5%-10.7pp | 70.6%-4.8pp |
| Annual return | 10.83% | 25.05%-14.2pp | 29.47%-18.6pp | 31.27%-20.4pp |
| Employer contribution / active EE | $723 | $2,700-73.2% | $3,025-76.1% | $2,728-73.5% |
| Participant deferral / active EE | $2,679 | $5,148-48.0% | $5,056-47.0% | $4,651-42.4% |
| Admin fee / account holder | $106 | $236-55.3% | $9,460-98.9% | $433-75.6% |