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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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $35,682 | $70,917-49.7% | $98,920-63.9% | $73,497-51.5% |
| Participation rate | 41.0% | 73.8%-32.8pp | 76.0%-35.0pp | 70.7%-29.7pp |
| Annual return | 16.74% | 34.18%-17.4pp | 196.47%-179.7pp | 28.51%-11.8pp |
| Employer contribution / active EE | $359 | $2,037-82.4% | $2,689-86.6% | $2,270-84.2% |
| Participant deferral / active EE | $2,034 | $3,501-41.9% | $4,245-52.1% | $3,740-45.6% |
| Admin fee / account holder | $24 | $535-95.5% | $6,643-99.6% | $513-95.3% |