Filed April 3, 2019
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $50,791 |
QUALIFIED PLANS, LLC4 years Filed as: QUALIFIED PLAN CONSULTANTS, LLC Service code 17 4949 WESTOWN PKWY · WEST DES MOINES, IA 50266 | Pension Consulting | $14,423 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,120 | $37,418-46.2% | $77,100-73.9% | $77,906-74.2% |
| Participation rate | 10.6% | 46.9%-36.3pp | 67.9%-57.3pp | 73.7%-63.1pp |
| Annual return | -15.12% | -7.13%-8.0pp | 42.35%-57.5pp | 12.16%-27.3pp |
| Employer contribution / active EE | $162 | $1,200-86.5% | $2,815-94.2% | $2,846-94.3% |
| Participant deferral / active EE | $612 | $2,572-76.2% | $4,430-86.2% | $4,805-87.3% |
| Admin fee / account holder | $118 | $126-6.3% | $5,443-97.8% | $133-10.9% |