| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE COMPANY Service code 99 · EIN 71-0294708 | Other Fees | $0 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $134,969 | $167,510-19.4% | $151,634-11.0% | $134,554+0.3% |
| Participation rate | 61.9% | 88.4%-26.5pp | 87.5%-25.6pp | 81.2%-19.3pp |
| Annual return | 0.00% | 7.81%-7.8pp | 3.32%-3.3pp | 418.46%-418.5pp |
| Employer contribution / active EE | $1,414 | $6,828-79.3% | $6,165-77.1% | $4,742-70.2% |
| Participant deferral / active EE | $5,178 | $8,985-42.4% | $8,363-38.1% | $6,401-19.1% |
| Admin fee / account holder | $842 | $13,781-93.9% | $11,614-92.8% | $11,430-92.6% |