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| Provider | Service type | Compensation |
|---|---|---|
MORNINGSTAR3 years Service code 26 · EIN 36-4317381 | Advisory (Participants) | $4,832 |
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 | Advisory (Participants) | $4,832 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $27,868 | $73,102-61.9% | $123,549-77.4% | $56,287-50.5% |
| Participation rate | 66.1% | 74.3%-8.2pp | 82.3%-16.2pp | 69.9%-3.7pp |
| Annual return | -3.16% | 3.01%-6.2pp | 119.20%-122.4pp | -9.96%+6.8pp |
| Employer contribution / active EE | $2,342 | $2,977-21.3% | $4,628-49.4% | $2,111+10.9% |
| Participant deferral / active EE | $4,739 | $5,423-12.6% | $6,426-26.3% | $3,350+41.5% |
| Admin fee / account holder | $111 | $554-79.9% | $9,284-98.8% | $521-78.6% |