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 | $2,136,769 |
STATE STREET GLOBAL ADVISORS6 years Filed as: STATE STREET GLOBAL ADVISORS TRUST Service code 51 · EIN 81-4017137 | Investment Mgmt Fees | $245,699 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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 | $48,697 | $47,540+2.4% | $79,591-38.8% | $89,433-45.5% |
| Participation rate | 52.3% | 54.9%-2.6pp | 69.5%-17.2pp | 71.3%-19.0pp |
| Annual return | 1.37% | -8.05%+9.4pp | 0.18%+1.2pp | -11.88%+13.3pp |
| Employer contribution / active EE | $248 | $1,122-77.9% | $2,413-89.7% | $3,021-91.8% |
| Participant deferral / active EE | $1,675 | $1,961-14.6% | $3,986-58.0% | $5,125-67.3% |
| Admin fee / account holder | $17 | $59-70.7% | $6,815-99.7% | $79-78.4% |