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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 27 · EIN 71-0294708 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $21,364 | $58,093-63.2% | $80,022-73.3% | $56,289-62.0% |
| Participation rate | 49.2% | 73.6%-24.5pp | 75.8%-26.7pp | 69.9%-20.7pp |
| Annual return | -6.49% | 34.63%-41.1pp | 11.22%-17.7pp | -9.96%+3.5pp |
| Employer contribution / active EE | $477 | $1,933-75.3% | $2,468-80.7% | $2,111-77.4% |
| Participant deferral / active EE | $2,666 | $3,136-15.0% | $3,686-27.7% | $3,350-20.4% |
| Admin fee / account holder | $33 | $623-94.6% | $6,521-99.5% | $521-93.6% |