Filed February 18, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA FINANCIAL, INC. Service code 15 · EIN 71-0294708 | Recordkeeping | $4,829,958 |
Filed as: PRUDENTIAL INSURANCE CO. Service code 51 · EIN 22-1211670 | Investment Mgmt Fees | $345,323 |
Filed as: PRUDENTIAL TRUST CO. Service code 51 · EIN 23-6994310 | Investment Mgmt Fees | $184,193 |
STATE STREET GLOBAL ADVISORS3 years Filed as: STATE STREET GLOBAL ADVISORS TRUST Service code 51 · EIN 81-4017137 | Investment Mgmt Fees | $118,128 |
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 | $19,933 | $41,203-51.6% | $61,452-67.6% | $89,433-77.7% |
| Participation rate | 88.8% | 35.4%+53.5pp | 52.6%+36.3pp | 71.3%+17.6pp |
| Annual return | -16.07% | -14.63%-1.4pp | 338.96%-355.0pp | -11.88%-4.2pp |
| Employer contribution / active EE | $532 | $603-11.7% | $1,160-54.1% | $3,021-82.4% |
| Participant deferral / active EE | $1,451 | $1,367+6.1% | $2,125-31.7% | $5,125-71.7% |
| Admin fee / account holder | $56 | $74-23.5% | $2,131-97.4% | $79-29.1% |