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| Provider | Service type | Compensation |
|---|---|---|
MORNINGSTAR1+ years Filed as: MORNINGSTAR INVESTMENT MGT, LLC Service code 26 · EIN 36-4317381 | Advisory (Participants) | $123 |
Filed as: VOYA RETIREMENT INS AND ANNUITY CO. Service code 26 · EIN 71-0294708 | Advisory (Participants) | $123 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $95,815 | $48,576+97.2% | $169,452-43.5% | $56,289+70.2% |
| Participation rate | 48.9% | 65.8%-17.0pp | 77.8%-28.9pp | 69.9%-21.0pp |
| Annual return | 0.00% | -2.51%+2.5pp | 1.83%-1.8pp | -9.96%+10.0pp |
| Employer contribution / active EE | $602 | $1,559-61.4% | $4,157-85.5% | $2,111-71.5% |
| Participant deferral / active EE | $1,113 | $3,275-66.0% | $5,277-78.9% | $3,350-66.8% |
| Admin fee / account holder | $16 | $435-96.3% | $9,110-99.8% | $521-96.9% |