| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 15 · EIN 71-0294708 | Recordkeeping | $23,326 |
XEROX CORPORATION9+ years Service code 13 · EIN 16-0468020 | Contract Administrator | $10,014 |
Filed as: STATE STREET BANK & TRUST Service code 25 · EIN 04-6028663 | Directed Trustee | $8,245 |
Service code 27 · EIN 04-3638035 | Advisory (Plan) | $7,766 |
PRICEWATERHOUSECOOPERS LLP9+ years Service code 10 · EIN 13-4008324 | Accounting | $7,432 |
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 | $130,294 | $99,212+31.3% | $96,564+34.9% | $74,478+74.9% |
| Participation rate | 65.0% | 80.7%-15.7pp | 76.0%-11.0pp | 70.7%-5.7pp |
| Annual return | 13.47% | 22.40%-8.9pp | 25.89%-12.4pp | 34.37%-20.9pp |
| Employer contribution / active EE | $741 | $2,569-71.2% | $2,967-75.0% | $2,637-71.9% |
| Participant deferral / active EE | $2,605 | $4,938-47.3% | $4,852-46.3% | $4,530-42.5% |
| Admin fee / account holder | $75 | $225-66.5% | $8,256-99.1% | $347-78.3% |