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| Provider | Service type | Compensation |
|---|---|---|
MORNINGSTAR2+ years Service code 26 · EIN 36-3297908 | Advisory (Participants) | $4,570 |
Filed as: VOYA RETIREMENT INS. & ANNUITY CO Service code 27 | Advisory (Plan) | $2,168 |
Filed as: VOYA RETIREMENT AND ANNUITY COMPANY Service code 26 · EIN 71-0294708 | Advisory (Participants) | $850 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $56,461 | $52,467+7.6% | $57,196-1.3% | $55,167+2.3% |
| Participation rate | 45.6% | 75.8%-30.2pp | 75.3%-29.7pp | 69.0%-23.4pp |
| Annual return | 7.78% | 7.72%+0.1pp | 14.59%-6.8pp | 169.23%-161.4pp |
| Employer contribution / active EE | $891 | $2,477-64.0% | $2,683-66.8% | $1,963-54.6% |
| Participant deferral / active EE | $2,539 | $2,830-10.3% | $3,096-18.0% | $3,054-16.9% |
| Admin fee / account holder | $92 | $269-65.9% | $3,141-97.1% | $504-81.8% |