Filed August 9, 2024 (most recent of 7 filings on file)
Total covered: 8 employees
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 7-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
MORNINGSTAR2+ years Service code 26 · EIN 36-3297928 | Advisory (Participants) | $931 |
Filed as: VOYA LIFE INSURANCE AND ANNUITY CO. Service code 26 · EIN 71-0294708 | Advisory (Participants) | $931 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,218 | $74,089-48.4% | $133,980-71.5% | $55,167-30.7% |
| Participation rate | 99.1% | 84.3%+14.9pp | 87.1%+12.1pp | 69.0%+30.1pp |
| Annual return | 6.55% | 12.11%-5.6pp | 29.30%-22.7pp | 169.23%-162.7pp |
| Employer contribution / active EE | $5,272 | $3,064+72.1% | $5,211+1.2% | $1,963+168.6% |
| Participant deferral / active EE | $0 | $4,678-100.0% | $6,282-100.0% | $3,054-100.0% |
| Admin fee / account holder | $4 | $458-99.0% | $9,324-100.0% | $504-99.1% |