Filed February 18, 2022
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA FINANCIAL, INC. Service code 15 · EIN 71-0294708 | Recordkeeping | $4,507,464 |
Filed as: PRUDENTIAL INSURANCE CO. Service code 51 · EIN 22-1211670 | Investment Mgmt Fees | $337,137 |
Filed as: PRUDENTIAL TRUST CO. Service code 51 · EIN 23-6994310 | Investment Mgmt Fees | $181,023 |
STATE STREET GLOBAL ADVISORS4 years Filed as: STATE STREET GLOBAL ADVISORS TRUST Service code 51 · EIN 81-4017137 | Investment Mgmt Fees | $115,838 |
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 | $21,743 | $45,365-52.1% | $58,516-62.8% | $96,393-77.4% |
| Participation rate | 88.2% | 30.9%+57.3pp | 50.9%+37.3pp | 71.3%+16.9pp |
| Annual return | 17.25% | 20.48%-3.2pp | 4253.81%-4236.6pp | 22.88%-5.6pp |
| Employer contribution / active EE | $545 | $584-6.6% | $1,054-48.2% | $3,239-83.2% |
| Participant deferral / active EE | $1,447 | $1,304+11.0% | $1,923-24.7% | $5,455-73.5% |
| Admin fee / account holder | $50 | $74-32.1% | $2,487-98.0% | $74-31.8% |