Filed April 5, 2021 (most recent of 5 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SVCS LLC Service code 15 · EIN 04-3516284 | Recordkeeping | $821,583 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $132,844 | $167,950-20.9% | $112,899+17.7% | $80,157+65.7% |
| Participation rate | 95.2% | 94.5%+0.7pp | 80.5%+14.7pp | 72.9%+22.3pp |
| Annual return | 3.64% | 18.78%-15.1pp | 34.11%-30.5pp | 40.39%-36.7pp |
| Employer contribution / active EE | $2,743 | $6,272-56.3% | $4,566-39.9% | $2,977-7.9% |
| Participant deferral / active EE | $7,312 | $9,857-25.8% | $6,516+12.2% | $5,015+45.8% |
| Admin fee / account holder | $254 | $104+145.2% | $7,047-96.4% | $145+75.3% |