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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 27 · EIN 71-0294708 | Advisory (Plan) | $614 |
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).
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 | $36,911 | $76,551-51.8% | $123,894-70.2% | $62,881-41.3% |
| Participation rate | 50.7% | 73.0%-22.3pp | 81.4%-30.7pp | 69.3%-18.6pp |
| Annual return | 9.31% | 18.68%-9.4pp | 47.52%-38.2pp | 20.14%-10.8pp |
| Employer contribution / active EE | $1,365 | $2,882-52.7% | $4,617-70.4% | $2,281-40.2% |
| Participant deferral / active EE | $3,651 | $4,840-24.6% | $5,984-39.0% | $3,203+14.0% |
| Admin fee / account holder | $13 | $4,826-99.7% | $8,357-99.8% | $4,296-99.7% |