Filed November 16, 2012
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 13 · EIN 04-3516284 | Contract Administrator | $1,671,230 |
STATE STREET GLOBAL ADVISORS2+ years Service code 51 · EIN 04-1867445 | Investment Mgmt Fees | $72,912 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,912 | $38,963-2.7% | $71,793-47.2% | $329,111-88.5% |
| Participation rate | 51.1% | 53.8%-2.7pp | 69.1%-18.0pp | 67.9%-16.8pp |
| Annual return | -5.02% | 9.85%-14.9pp | 78.04%-83.1pp | 16.35%-21.4pp |
| Employer contribution / active EE | $0 | $758-100.0% | $1,924-100.0% | $2,303-100.0% |
| Participant deferral / active EE | $1,082 | $1,286-15.8% | $2,794-61.3% | $3,682-70.6% |
| Admin fee / account holder | $13 | $50-74.0% | $4,815-99.7% | $754-98.3% |