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.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| 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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,697 | $47,540+2.4% | $79,550-38.8% | $89,394-45.5% |
| Participation rate | 52.3% | 54.9%-2.6pp | 69.5%-17.2pp | 71.3%-19.0pp |
| Annual return | 1.37% | -8.05%+9.4pp | 0.16%+1.2pp | -11.89%+13.3pp |
| Employer contribution / active EE | $248 | $1,122-77.9% | $2,413-89.7% | $3,022-91.8% |
| Participant deferral / active EE | $1,675 | $1,961-14.6% | $3,985-58.0% | $5,123-67.3% |
| Admin fee / account holder | $17 | $59-70.7% | $6,832-99.7% | $79-78.4% |