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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 37 · EIN 04-3516284 | Loan Processing | $240,990 |
CAPFINANCIAL PARTNERS LLC2 years Service code 28 · EIN 26-0058143 | Investment Management | $49,073 |
CONRAD SIEGEL4 years Service code 11 · EIN 23-1669823 | Actuarial | $44,960 |
RKL LLP2 years Service code 10 · EIN 23-2108173 | Accounting | $5,000 |
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 | $28,368 | $48,464-41.5% | $90,974-68.8% | $106,273-73.3% |
| Participation rate | 36.2% | 53.1%-16.9pp | 69.0%-32.8pp | 70.8%-34.6pp |
| Annual return | 14.93% | 16.72%-1.8pp | 134.60%-119.7pp | 21.70%-6.8pp |
| Employer contribution / active EE | $227 | $939-75.8% | $2,122-89.3% | $2,722-91.6% |
| Participant deferral / active EE | $653 | $1,510-56.7% | $3,373-80.6% | $4,601-85.8% |
| Admin fee / account holder | $102 | $58+76.6% | $5,961-98.3% | $78+30.6% |