Filed October 24, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA FINANCIAL ADVISORS Service code 99 | Other Fees | $17,594 |
STANCORP FINANCIAL GROUP2+ years Service code 12 · EIN 93-1253576 | Other fees; Direct payment from the p... | $17,327 |
Filed as: VOYA FINANCIAL ADVISORS, INC. Service code 27 · EIN 41-0945505 | Advisory (Plan) | $14,462 |
NOVA 401(K) ASSOCIATES1 year Filed as: NOVA 401K ASSOCIATES Service code 17 · EIN 20-1181458 | Pension Consulting | $13,540 |
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 | Advisory (Participants) | $6,770 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,984 | $63,905-39.0% | $74,184-47.4% | $57,658-32.4% |
| Participation rate | 68.1% | 79.8%-11.7pp | 76.6%-8.6pp | 70.2%-2.2pp |
| Annual return | 9.37% | 60.60%-51.2pp | 17.74%-8.4pp | 5.13%+4.2pp |
| Employer contribution / active EE | $1,473 | $1,840-20.0% | $2,370-37.8% | $1,974-25.4% |
| Participant deferral / active EE | $2,768 | $3,448-19.7% | $3,550-22.0% | $3,061-9.6% |
| Admin fee / account holder | $184 | $91+102.0% | $5,586-96.7% | $95+94.6% |