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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 | Advisory (Participants) | $720 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,667 | $55,122-77.0% | $104,614-87.9% | $73,493-82.8% |
| Participation rate | 71.4% | 67.7%+3.7pp | 74.1%-2.6pp | 70.7%+0.7pp |
| Annual return | 38.86% | 24.77%+14.1pp | 340.56%-301.7pp | 28.51%+10.3pp |
| Employer contribution / active EE | $1,476 | $1,464+0.8% | $2,681-45.0% | $2,270-35.0% |
| Participant deferral / active EE | $2,404 | $2,919-17.6% | $3,739-35.7% | $3,740-35.7% |
| Admin fee / account holder | $83 | $423-80.3% | $6,464-98.7% | $513-83.8% |