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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 | Advisory (Participants) | $23,189 |
VERISIGHT, INC.1 year Service code 99 · EIN 41-1944416 | Other Fees | $9,807 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $36,043 | $79,519-54.7% | $95,964-62.4% | $73,412-50.9% |
| Participation rate | 27.7% | 81.2%-53.5pp | 77.1%-49.4pp | 72.2%-44.5pp |
| Annual return | 9.49% | 19.20%-9.7pp | 91.64%-82.2pp | 59.30%-49.8pp |
| Employer contribution / active EE | $0 | $2,048-100.0% | $2,541-100.0% | $2,234-100.0% |
| Participant deferral / active EE | $799 | $4,138-80.7% | $4,167-80.8% | $3,806-79.0% |
| Admin fee / account holder | $292 | $184+58.6% | $6,797-95.7% | $158+85.1% |