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| Provider | Service type | Compensation |
|---|---|---|
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT Service code 26 · EIN 36-4317381 | Advisory (Participants) | $25 |
Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 27 · EIN 71-0294708 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,681 | $58,888-13.9% | $178,499-71.6% | $73,493-31.0% |
| Participation rate | 11.5% | 66.2%-54.7pp | 81.9%-70.4pp | 70.7%-59.1pp |
| Annual return | 17.91% | 24.86%-7.0pp | 151.10%-133.2pp | 28.51%-10.6pp |
| Employer contribution / active EE | $1,545 | $2,236-30.9% | $5,011-69.2% | $2,270-31.9% |
| Participant deferral / active EE | $2,356 | $2,568-8.2% | $5,202-54.7% | $3,740-37.0% |
| Admin fee / account holder | $259 | $400-35.2% | $13,986-98.1% | $513-49.5% |