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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.
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 | $42,643 | $79,438-46.3% | $106,554-60.0% | $79,389-46.3% |
| Participation rate | 44.1% | 74.2%-30.0pp | 76.1%-32.0pp | 70.7%-26.6pp |
| Annual return | 19.34% | 18.27%+1.1pp | 26.80%-7.5pp | 116.89%-97.6pp |
| Employer contribution / active EE | $473 | $2,235-78.8% | $2,819-83.2% | $2,428-80.5% |
| Participant deferral / active EE | $2,915 | $3,824-23.8% | $4,398-33.7% | $4,046-27.9% |
| Admin fee / account holder | $27 | $523-94.8% | $7,408-99.6% | $626-95.6% |