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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA LIFE INSURANCE & ANNUITY CO. Service code 26 · EIN 71-0294708 P.O. BOX 990067 · HARTFORD, CT 06199 | Advisory (Participants) | $350 |
MORNINGSTAR3 years Service code 26 · EIN 36-3298908 P.O. BOX 990063 · HARTFORD, CT 06199 | Advisory (Participants) | $175 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $47,091 | $63,114-25.4% | $92,915-49.3% | $65,186-27.8% |
| Participation rate | 75.7% | 68.8%+6.9pp | 76.0%-0.3pp | 70.2%+5.5pp |
| Annual return | 10.49% | 28.75%-18.3pp | 109.45%-99.0pp | 29.39%-18.9pp |
| Employer contribution / active EE | $7,774 | $2,571+202.4% | $3,653+112.8% | $2,177+257.1% |
| Participant deferral / active EE | $1,097 | $3,108-64.7% | $4,238-74.1% | $3,514-68.8% |
| Admin fee / account holder | $48 | $624-92.3% | $5,796-99.2% | $847-94.3% |