Filed May 29, 2020 (most recent of 2 filings on file)
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 6-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 |
|---|---|---|
Filed as: VOYA RETIREMENT ADVISORS LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $66,590 |
Filed as: VOYA INSTITUTIONAL PLAN SERVICES LL Service code 65 · EIN 04-3516284 | Account Maintenance | $59,491 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,016 | $77,197-45.6% | $86,874-51.6% | $93,030-54.8% |
| Participation rate | 92.0% | 78.2%+13.8pp | 71.6%+20.3pp | 73.9%+18.1pp |
| Annual return | 23.86% | 16.31%+7.5pp | 63.52%-39.7pp | 158.70%-134.8pp |
| Employer contribution / active EE | $6,339 | $2,514+152.1% | $2,495+154.0% | $2,706+134.3% |
| Participant deferral / active EE | $5,010 | $3,831+30.8% | $3,699+35.4% | $4,562+9.8% |
| Admin fee / account holder | $39 | $105-62.6% | $5,828-99.3% | $152-74.1% |