Filed October 14, 2014 (most recent of 3 filings on file)
Total covered: 152 employees
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 10-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 RETIREMENT ADVISORS, LLC Service code 26 · EIN 22-1862786 | Advisory (Participants) | $947,144 |
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 37 · EIN 04-3516284 | Loan Processing | $639,237 |
ALIGHT SOLUTIONS LLC8 years Filed as: ALIGHT FINANCIAL ADVISORS Service code 15 · EIN 82-1061233 | Recordkeeping | $95,679 |
COZEN O'CONNOR8 years Service code 29 · EIN 23-1732832 | Legal | $28,797 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $226,417 | $128,056+76.8% | $146,958+54.1% | $106,382+112.8% |
| Participation rate | 52.5% | 67.2%-14.7pp | 82.2%-29.6pp | 69.9%-17.4pp |
| Annual return | 14.07% | 17.89%-3.8pp | 418.34%-404.3pp | 17.37%-3.3pp |
| Employer contribution / active EE | $3,191 | $3,384-5.7% | $4,933-35.3% | $3,364-5.1% |
| Participant deferral / active EE | $5,995 | $7,674-21.9% | $8,070-25.7% | $5,569+7.7% |
| Admin fee / account holder | $175 | $89+97.4% | $12,998-98.7% | $79+120.7% |