Filed April 5, 2021 (most recent of 5 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SVCS LLC Service code 15 · EIN 04-3516284 | Recordkeeping | $657,651 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $143,395 | $188,991-24.1% | $103,447+38.6% | $199,921-28.3% |
| Participation rate | 95.3% | 93.2%+2.1pp | 80.5%+14.7pp | 72.0%+23.3pp |
| Annual return | 11.86% | 15.75%-3.9pp | 23.92%-12.1pp | 34.28%-22.4pp |
| Employer contribution / active EE | $2,899 | $6,583-56.0% | $4,678-38.0% | $3,035-4.5% |
| Participant deferral / active EE | $7,532 | $10,334-27.1% | $6,624+13.7% | $5,089+48.0% |
| Admin fee / account holder | $199 | $114+73.6% | $9,415-97.9% | $269-26.1% |