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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT & ANNUITY COMPANY Service code 26 · EIN 71-0294708 | Advisory (Participants) | $1,336 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $51,088 | $89,739-43.1% | $149,721-65.9% | $62,293-18.0% |
| Participation rate | 67.9% | 85.1%-17.2pp | 87.1%-19.2pp | 69.5%-1.6pp |
| Annual return | 80.43% | 21.01%+59.4pp | 1501.67%-1421.2pp | 28.90%+51.5pp |
| Employer contribution / active EE | $707 | $3,233-78.1% | $5,444-87.0% | $2,042-65.4% |
| Participant deferral / active EE | $3,186 | $4,797-33.6% | $6,568-51.5% | $3,169+0.5% |
| Admin fee / account holder | $58 | $551-89.5% | $11,282-99.5% | $479-88.0% |