Filed September 24, 2020 (most recent of 3 filings on file)
Total covered: 50 employees
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 26 · EIN 04-3516284 | Advisory (Participants) | $5,990 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,434 | $37,039+28.1% | $147,614-67.9% | $59,188-19.9% |
| Participation rate | 66.7% | 63.8%+2.9pp | 84.6%-18.0pp | 69.4%-2.8pp |
| Annual return | 0.22% | 7.19%-7.0pp | 61.98%-61.8pp | 5.51%-5.3pp |
| Employer contribution / active EE | $875 | $1,353-35.3% | $5,564-84.3% | $2,098-58.3% |
| Participant deferral / active EE | $2,531 | $2,094+20.9% | $4,895-48.3% | $3,265-22.5% |
| Admin fee / account holder | $3 | $60-94.5% | $11,611-100.0% | $92-96.4% |