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 | $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% | $112,899+32.9% | $80,149+87.2% |
| Participation rate | 92.1% | 94.5%-2.4pp | 80.5%+11.6pp | 72.9%+19.1pp |
| Annual return | 3.92% | 18.78%-14.9pp | 34.11%-30.2pp | 40.39%-36.5pp |
| Employer contribution / active EE | $2,469 | $6,272-60.6% | $4,566-45.9% | $2,977-17.1% |
| Participant deferral / active EE | $7,132 | $9,857-27.6% | $6,516+9.5% | $5,015+42.2% |
| Admin fee / account holder | $209 | $104+101.3% | $7,047-97.0% | $145+44.0% |