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 | $224,774 |
Employer contribution per participant 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 | $155,759 | $153,281+1.6% | $93,765+66.1% | $77,906+99.9% |
| Participation rate | 91.7% | 92.2%-0.5pp | 81.0%+10.7pp | 73.7%+18.0pp |
| Annual return | -15.78% | -5.55%-10.2pp | -11.32%-4.5pp | 12.16%-27.9pp |
| Employer contribution / active EE | $2,402 | $5,690-57.8% | $4,327-44.5% | $2,846-15.6% |
| Participant deferral / active EE | $7,294 | $9,364-22.1% | $6,099+19.6% | $4,805+51.8% |
| Admin fee / account holder | $195 | $114+71.2% | $7,184-97.3% | $133+47.3% |