Filed November 18, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 64 · EIN 71-0294708 PO BOX 99067 · HARTFORD, CT 061990067 | Recordkeeping Fees | $16,744 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $41,494 | $64,176-35.3% | $112,263-63.0% | $66,949-38.0% |
| Participation rate | 66.7% | 68.4%-1.8pp | 75.1%-8.4pp | 69.8%-3.2pp |
| Annual return | -15.77% | -13.80%-2.0pp | 27.49%-43.3pp | 1.57%-17.3pp |
| Employer contribution / active EE | $1,687 | $3,007-43.9% | $3,636-53.6% | $2,545-33.7% |
| Participant deferral / active EE | $2,723 | $3,694-26.3% | $4,729-42.4% | $4,239-35.8% |
| Admin fee / account holder | $22 | $626-96.4% | $6,410-99.6% | $594-96.2% |