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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2 years Filed as: ASCENSUS Service code 49 · EIN 71-0294708 PO BOX 734602 · CHICAGO, IL 60673 | Other Services | $0 |
MORNINGSTAR2 years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $0 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 26 · EIN 71-0294708 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,451 | $95,369-77.5% | $135,942-84.2% | $74,440-71.2% |
| Participation rate | 40.8% | 78.2%-37.4pp | 81.9%-41.1pp | 70.7%-30.0pp |
| Annual return | 19.21% | 32.72%-13.5pp | 68.28%-49.1pp | 34.37%-15.2pp |
| Employer contribution / active EE | $1,135 | $3,878-70.7% | $4,858-76.6% | $2,638-57.0% |
| Participant deferral / active EE | $2,517 | $7,788-67.7% | $7,759-67.6% | $4,529-44.4% |
| Admin fee / account holder | $41 | $266-84.5% | $10,764-99.6% | $348-88.1% |