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 | $1,588,445 |
Filed as: STATE STREET GLOBAL ADVISORS TRUST Service code 51 · EIN 81-4017137 | Investment Mgmt Fees | $77,465 |
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 | $37,678 | $39,909-5.6% | $78,775-52.2% | $80,976-53.5% |
| Participation rate | 51.4% | 55.7%-4.3pp | 69.2%-17.8pp | 68.3%-16.9pp |
| Annual return | 5.80% | 23.47%-17.7pp | 35.62%-29.8pp | 22.91%-17.1pp |
| Employer contribution / active EE | $0 | $778-100.0% | $1,986-100.0% | $2,402-100.0% |
| Participant deferral / active EE | $1,101 | $1,359-19.0% | $2,958-62.8% | $3,848-71.4% |
| Admin fee / account holder | $13 | $50-74.0% | $5,132-99.7% | $67-80.9% |