| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA HOLDINGS, INC. Service code 15 · EIN 02-0488491 30 BRAINTREE HILL OFFICE PARK · BRAINTREE, MA 02184 | Recordkeeping | $663,197 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $164,405 | $144,879+13.5% | $111,319+47.7% | $93,010+76.8% |
| Participation rate | 98.1% | 86.1%+11.9pp | 77.3%+20.7pp | 73.9%+24.2pp |
| Annual return | 12.00% | 18.11%-6.1pp | 54.68%-42.7pp | 158.70%-146.7pp |
| Employer contribution / active EE | $5,561 | $3,052+82.2% | $2,732+103.6% | $2,705+105.6% |
| Participant deferral / active EE | $8,278 | $5,576+48.5% | $4,488+84.5% | $4,561+81.5% |
| Admin fee / account holder | $344 | $104+232.5% | $7,966-95.7% | $152+127.0% |