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 | $417,619 |
Filed as: VOYA RETIREMENT ADVISORS LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $108,211 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,692 | $76,173-20.3% | $81,382-25.4% | $199,593-69.6% |
| Participation rate | 96.5% | 76.3%+20.2pp | 69.5%+27.0pp | 72.0%+24.5pp |
| Annual return | 13.82% | 15.59%-1.8pp | 24.73%-10.9pp | 34.25%-20.4pp |
| Employer contribution / active EE | $8,445 | $2,792+202.5% | $2,463+242.9% | $3,034+178.3% |
| Participant deferral / active EE | $5,128 | $4,201+22.1% | $3,883+32.1% | $5,087+0.8% |
| Admin fee / account holder | $146 | $146-0.3% | $5,768-97.5% | $269-45.9% |