Filed April 5, 2021 (most recent of 5 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SVCS LLC Service code 15 · EIN 04-3516284 | Recordkeeping | $2,798,123 |
VAN ECK SECURITIES CORPORATION7+ years Service code 52 · EIN 13-7027829 | Indirect Investment Fees | $704,082 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $266,934 | $106,520+150.6% | $453,569-41.1% | $106,520+150.6% |
| Participation rate | 98.3% | 71.3%+27.0pp | 78.0%+20.3pp | 71.3%+27.0pp |
| Annual return | 12.02% | 19.28%-7.3pp | 64.43%-52.4pp | 19.28%-7.3pp |
| Employer contribution / active EE | $4,119 | $2,840+45.0% | $4,072+1.2% | $2,840+45.0% |
| Participant deferral / active EE | $9,340 | $4,948+88.8% | $6,211+50.4% | $4,948+88.8% |
| Admin fee / account holder | $152 | $75+103.4% | $11,214-98.6% | $75+103.4% |