Filed June 8, 2022
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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA FINANCIAL ADVISORS Service code 27 3 S. MAIN · WEBB CITY, MO 64870 | Advisory (Plan) | $14,494 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $46,568 | $55,449-16.0% | $83,848-44.5% | $56,287-17.3% |
| Participation rate | 33.3% | 68.0%-34.7pp | 76.1%-42.8pp | 69.9%-36.5pp |
| Annual return | -6.61% | -1.38%-5.2pp | 850.88%-857.5pp | -9.96%+3.3pp |
| Employer contribution / active EE | $0 | $2,430-100.0% | $3,631-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $1,108 | $2,935-62.3% | $4,082-72.9% | $3,350-66.9% |
| Admin fee / account holder | $253 | $656-61.4% | $5,478-95.4% | $521-51.4% |