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 | $1,549,358 |
STATE STREET GLOBAL ADVISORS3 years Filed as: STATE STREET GLOBAL ADVISORS TRUST Service code 51 · EIN 81-4017137 | Investment Mgmt Fees | $84,015 |
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 | $40,376 | $100,179-59.7% | $84,029-51.9% | $89,609-54.9% |
| Participation rate | 52.7% | 54.1%-1.4pp | 69.0%-16.3pp | 69.6%-16.9pp |
| Annual return | 17.86% | 22.50%-4.6pp | 71.32%-53.5pp | 33.65%-15.8pp |
| Employer contribution / active EE | $0 | $816-100.0% | $1,984-100.0% | $2,584-100.0% |
| Participant deferral / active EE | $1,187 | $1,459-18.6% | $3,239-63.3% | $4,222-71.9% |
| Admin fee / account holder | $13 | $72-82.3% | $6,102-99.8% | $72-82.1% |