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| Provider | Service type | Compensation |
|---|---|---|
RED BANK PENSION SERVICES, INC.2+ years Service code 49 · EIN 22-2755716 1161 BROAD STREET · SHREWSBURY, NJ 07702 | Other Services | $4,361 |
MORNINGSTAR2+ years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $2,933 |
Filed as: VOYA RETIREMENT INS. & ANNUITY CO. Service code 26 · EIN 71-0294708 | Advisory (Participants) | $720 |
MORNINGSTAR2+ years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $0 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $0 | $84,784-100.0% | $98,450-100.0% | $74,440-100.0% |
| Participation rate | 0.0% | 81.5%-81.5pp | 75.2%-75.2pp | 70.7%-70.7pp |
| Annual return | 21.95% | 20.59%+1.4pp | 21.16%+0.8pp | 34.37%-12.4pp |
| Employer contribution / active EE | $1,200 | $3,364-64.3% | $3,049-60.7% | $2,638-54.5% |
| Participant deferral / active EE | $2,322 | $5,218-55.5% | $4,739-51.0% | $4,529-48.7% |
| Admin fee / account holder | $0 | $204-100.0% | $8,961-100.0% | $348-100.0% |