Filed May 14, 2020
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 9-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 37 · EIN 04-3516284 | Loan Processing | $536,420 |
Filed as: VOYA RETIREMENT ADVISORS Service code 26 · EIN 22-1862786 | Advisory (Participants) | $221,902 |
Filed as: SAGEVIEW Service code 28 · EIN 33-0818667 | Investment Management | $60,000 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $46,033 | $81,548-43.6% | $141,162-67.4% | $89,569-48.6% |
| Participation rate | 63.5% | 64.9%-1.3pp | 82.5%-18.9pp | 69.6%-6.1pp |
| Annual return | 1007.29% | 47.43%+959.9pp | 71.39%+935.9pp | 34.56%+972.7pp |
| Employer contribution / active EE | $2,612 | $2,272+15.0% | $4,735-44.8% | $2,584+1.1% |
| Participant deferral / active EE | $2,227 | $5,280-57.8% | $6,709-66.8% | $4,220-47.2% |
| Admin fee / account holder | $69 | $68+1.9% | $10,261-99.3% | $72-3.2% |