Filed May 14, 2020
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 37 · EIN 04-3516284 | Loan Processing | $419,791 |
Filed as: VOYA RETIREMENT ADVISORS Service code 26 · EIN 22-1862786 | Advisory (Participants) | $311,067 |
SAGEVIEW ADVISORY GROUP, LLC3 years Filed as: SAGEVIEW Service code 28 · EIN 33-0818667 | Investment Management | $80,000 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,937 | $114,241-48.4% | $159,455-63.0% | $101,517-41.9% |
| Participation rate | 79.6% | 71.7%+7.9pp | 82.8%-3.2pp | 74.6%+5.1pp |
| Annual return | 15.01% | 22.81%-7.8pp | 263.63%-248.6pp | 21.00%-6.0pp |
| Employer contribution / active EE | $4,116 | $3,214+28.1% | $4,830-14.8% | $2,973+38.4% |
| Participant deferral / active EE | $3,722 | $6,307-41.0% | $7,353-49.4% | $4,873-23.6% |
| Admin fee / account holder | $114 | $81+41.1% | $10,800-98.9% | $139-18.3% |