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| Provider | Service type | Compensation |
|---|---|---|
MORNINGSTAR3+ years Service code 26 · EIN 36-4317381 | Advisory (Participants) | $6,056 |
Filed as: VOYA RETIREMENT AND ANNUITY COMPANY Service code 26 · EIN 71-0294708 | Advisory (Participants) | $2,850 |
Filed as: VOYA RETIREMENT INS. & ANNUITY CO Service code 27 | Advisory (Plan) | $2,556 |
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 | $64,136 | $57,976+10.6% | $63,018+1.8% | $62,293+3.0% |
| Participation rate | 45.8% | 75.9%-30.2pp | 74.8%-29.0pp | 69.5%-23.8pp |
| Annual return | 13.17% | 17.54%-4.4pp | 87.62%-74.5pp | 28.90%-15.7pp |
| Employer contribution / active EE | $886 | $2,415-63.3% | $2,761-67.9% | $2,042-56.6% |
| Participant deferral / active EE | $2,462 | $2,956-16.7% | $3,330-26.1% | $3,169-22.3% |
| Admin fee / account holder | $101 | $276-63.4% | $3,601-97.2% | $479-78.9% |