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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE AND ANNU Service code 26 · EIN 71-0294708 | Advisory (Participants) | $0 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,155 | $46,732+54.4% | $156,551-53.9% | $55,167+30.8% |
| Participation rate | 62.4% | 65.8%-3.4pp | 84.0%-21.6pp | 69.0%-6.6pp |
| Annual return | 3.79% | 17.72%-13.9pp | 32.23%-28.4pp | 169.23%-165.4pp |
| Employer contribution / active EE | $1,513 | $2,105-28.1% | $5,501-72.5% | $1,963-22.9% |
| Participant deferral / active EE | $2,915 | $2,204+32.3% | $4,871-40.2% | $3,054-4.5% |
| Admin fee / account holder | $188 | $418-55.0% | $13,028-98.6% | $504-62.6% |