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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $83,601 |
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 37 · EIN 04-3516284 | Loan Processing | $39,549 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $206,485 | $71,106+190.4% | $83,327+147.8% | $75,289+174.3% |
| Participation rate | 96.2% | 82.0%+14.2pp | 77.8%+18.4pp | 72.4%+23.7pp |
| Annual return | 0.00% | -0.56%+0.6pp | 10.64%-10.6pp | -0.04%0pp |
| Employer contribution / active EE | $944 | $2,436-61.2% | $3,379-72.1% | $2,405-60.8% |
| Participant deferral / active EE | $2,235 | $6,249-64.2% | $5,565-59.8% | $3,739-40.2% |
| Admin fee / account holder | $32 | $72-55.1% | $7,540-99.6% | $102-68.3% |