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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 12 · EIN 71-0294708 | Recordkeeping and information managem... | $800 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 27 · EIN 36-3297908 | Advisory (Plan) | $470 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,209 | $73,638-53.5% | $95,960-64.4% | $73,493-53.5% |
| Participation rate | 50.3% | 76.2%-25.8pp | 77.1%-26.7pp | 70.7%-20.3pp |
| Annual return | 18.17% | 16.78%+1.4pp | 91.63%-73.5pp | 28.51%-10.3pp |
| Employer contribution / active EE | $614 | $1,863-67.1% | $2,541-75.8% | $2,270-73.0% |
| Participant deferral / active EE | $1,756 | $3,617-51.4% | $4,167-57.8% | $3,740-53.0% |
| Admin fee / account holder | $23 | $482-95.3% | $6,797-99.7% | $513-95.5% |