Filed December 27, 2022
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 9-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 RETIREMENT INSUR AND ANNUITY Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $39,580 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $15,028 |
Service code 49 88 BOYD AVE · EAST PROVIDENCE, RI 02914 | Other Services | $8,633 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $137,087 | $106,110+29.2% | $147,005-6.7% | $77,671+76.5% |
| Participation rate | 95.9% | 78.4%+17.5pp | 82.2%+13.7pp | 70.6%+25.3pp |
| Annual return | 27.62% | 56.77%-29.2pp | 418.76%-391.1pp | 31.21%-3.6pp |
| Employer contribution / active EE | $2,910 | $4,065-28.4% | $4,934-41.0% | $2,726+6.7% |
| Participant deferral / active EE | $6,651 | $7,992-16.8% | $8,070-17.6% | $4,648+43.1% |
| Admin fee / account holder | $111 | $338-67.0% | $13,006-99.1% | $430-74.1% |