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 INSTITUTIONAL PLAN SERVICES LL Service code 37 · EIN 04-3516284 | Loan Processing | $477,260 |
Filed as: VOYA RETIREMENT ADVISORS LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $85,095 |
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 | $47,911 | $73,034-34.4% | $77,163-37.9% | $80,160-40.2% |
| Participation rate | 93.6% | 78.1%+15.4pp | 69.6%+24.0pp | 72.9%+20.6pp |
| Annual return | 17.69% | 18.56%-0.9pp | 37.87%-20.2pp | 40.38%-22.7pp |
| Employer contribution / active EE | $5,571 | $2,779+100.5% | $2,535+119.8% | $2,978+87.1% |
| Participant deferral / active EE | $4,911 | $4,140+18.6% | $3,833+28.1% | $5,017-2.1% |
| Admin fee / account holder | $258 | $104+148.4% | $5,472-95.3% | $145+77.7% |