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 | $43,541 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $186,864 | $90,422+106.7% | $93,765+99.3% | $134,554+38.9% |
| Participation rate | 0.0% | 82.0%-82.0pp | 81.0%-81.0pp | 81.2%-81.2pp |
| Annual return | -13.38% | -15.71%+2.3pp | -11.32%-2.1pp | 418.46%-431.8pp |
| Employer contribution / active EE | $35,630 | $4,348+719.5% | $4,327+723.4% | $4,742+651.4% |
| Participant deferral / active EE | $102,537 | $5,982+1614.0% | $6,099+1581.1% | $6,401+1501.8% |
| Admin fee / account holder | $144 | $9,232-98.4% | $7,184-98.0% | $11,430-98.7% |