| Provider | Service type | Compensation |
|---|---|---|
VOYA RETIREMENT INSURANCE & ANNUITY10+ years Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 15 · EIN 04-3516284 | Recordkeeping | $13,590,452 |
ADP BROKER-DEALER10+ years Filed as: ADP TOTALSOURCE Service code 14 · EIN 59-2452823 | Plan Administrator | $6,941,248 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $4,388,386 |
NFP RETIREMENT INC10+ years Filed as: NFP RETIREMENT Service code 27 · EIN 33-0905143 | Advisory (Plan) | $253,225 |
Service code 99 · EIN 84-4166143 | Other Fees | $248,000 |
PROSKAUER ROSE LLP10+ years Service code 29 · EIN 13-1840454 | Legal | $135,673 |
CROWE LLP7 years Service code 10 · EIN 35-0921680 | Accounting | $106,605 |
LEXIS NEXIS2 years Filed as: LEXISNEXIS Service code 99 · EIN 65-0852445 | Other Fees | $5,400 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,478 | $128,169-59.1% | $147,117-64.3% | $106,553-50.7% |
| Participation rate | 46.4% | 67.3%-21.0pp | 82.2%-35.8pp | 69.8%-23.5pp |
| Annual return | 10.98% | 17.88%-6.9pp | 420.54%-409.6pp | 17.37%-6.4pp |
| Employer contribution / active EE | $1,268 | $3,374-62.4% | $4,932-74.3% | $3,359-62.3% |
| Participant deferral / active EE | $3,299 | $7,665-57.0% | $8,065-59.1% | $5,562-40.7% |
| Admin fee / account holder | $147 | $88+66.5% | $12,993-98.9% | $80+84.1% |