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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 37 · EIN 04-3516284 | Loan Processing | $952,115 |
MERCER6 years Filed as: MERCER INVESTMENT Service code 26 · EIN 30-0282430 | Advisory (Participants) | $379,422 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $58,312 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,955 | $57,458-13.1% | $95,763-47.8% | $96,393-48.2% |
| Participation rate | 29.2% | 47.9%-18.8pp | 72.3%-43.1pp | 71.3%-42.1pp |
| Annual return | 16.55% | 17.80%-1.3pp | 28.43%-11.9pp | 22.88%-6.3pp |
| Employer contribution / active EE | $503 | $1,155-56.4% | $2,836-82.3% | $3,239-84.5% |
| Participant deferral / active EE | $1,018 | $2,443-58.3% | $4,244-76.0% | $5,455-81.3% |
| Admin fee / account holder | $125 | $61+106.8% | $5,669-97.8% | $74+69.4% |