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 | $556,833 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 22-1862786 | Advisory (Participants) | $316,901 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,902 | $90,195-51.3% | $125,339-65.0% | $89,394-50.9% |
| Participation rate | 85.2% | 72.4%+12.8pp | 82.4%+2.8pp | 71.3%+13.9pp |
| Annual return | -15.16% | -6.51%-8.7pp | 572.05%-587.2pp | -11.89%-3.3pp |
| Employer contribution / active EE | $4,144 | $3,043+36.2% | $4,814-13.9% | $3,022+37.1% |
| Participant deferral / active EE | $3,485 | $7,170-51.4% | $7,446-53.2% | $5,123-32.0% |
| Admin fee / account holder | $98 | $69+41.4% | $10,010-99.0% | $79+23.5% |