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 | $248,420 |
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 | $150,068 | $167,950-10.6% | $112,504+33.4% | $80,187+87.1% |
| Participation rate | 92.1% | 94.5%-2.4pp | 80.6%+11.5pp | 72.9%+19.1pp |
| Annual return | 3.92% | 18.78%-14.9pp | 34.13%-30.2pp | 40.40%-36.5pp |
| Employer contribution / active EE | $2,469 | $6,272-60.6% | $4,571-46.0% | $2,980-17.1% |
| Participant deferral / active EE | $7,132 | $9,857-27.6% | $6,522+9.4% | $5,016+42.2% |
| Admin fee / account holder | $209 | $104+101.3% | $7,048-97.0% | $145+43.9% |