Filed February 18, 2022
| Provider | Service type | Compensation |
|---|---|---|
STATE STREET GLOBAL ADVISORS2 years Filed as: STATE STREET Service code 15 · EIN 04-2456637 | Recordkeeping | $4,240,665 |
Filed as: VOYA FINANCIAL, INC. Service code 15 · EIN 71-0294708 | Recordkeeping | $2,261,854 |
Filed as: PRUDENTIAL INSURANCE Service code 51 · EIN 22-1211670 | Investment Mgmt Fees | $549,689 |
Filed as: PRUDENTIAL TRUST Service code 51 · EIN 23-6994310 | Investment Mgmt Fees | $177,165 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,265 | $39,443-63.8% | $73,550-80.6% | $80,976-82.4% |
| Participation rate | 87.9% | 35.9%+51.9pp | 54.9%+32.9pp | 68.3%+19.6pp |
| Annual return | 16.18% | 18.39%-2.2pp | -15.16%+31.3pp | 22.91%-6.7pp |
| Employer contribution / active EE | $423 | $463-8.4% | $1,219-65.3% | $2,402-82.4% |
| Participant deferral / active EE | $1,030 | $1,131-8.9% | $1,804-42.9% | $3,848-73.2% |
| Admin fee / account holder | $58 | $72-20.1% | $2,320-97.5% | $67-14.5% |