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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE CO Service code 26 · EIN 71-0294708 | Advisory (Participants) | $447 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $5,562 | $62,928-91.2% | $172,752-96.8% | $67,579-91.8% |
| Participation rate | 92.5% | 64.5%+28.1pp | 82.6%+9.9pp | 71.3%+21.2pp |
| Annual return | 23.70% | 30.36%-6.7pp | 802.97%-779.3pp | 378.56%-354.9pp |
| Employer contribution / active EE | $249 | $1,636-84.8% | $5,144-95.2% | $2,148-88.4% |
| Participant deferral / active EE | $2,256 | $2,145+5.2% | $5,198-56.6% | $3,539-36.3% |
| Admin fee / account holder | $57 | $167-65.6% | $13,955-99.6% | $142-59.8% |