Filed February 19, 2021 (most recent of 7 filings on file)
Total covered: 34 employees
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA INSTITUTIONAL PLAN SERVICES Service code 99 · EIN 04-3516284 | Other Fees | $299,000 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,880 | $112,582-60.1% | $105,624-57.5% | $200,096-77.6% |
| Participation rate | 90.3% | 86.3%+4.1pp | 75.3%+15.0pp | 72.0%+18.3pp |
| Annual return | 11.01% | 15.58%-4.6pp | 116.20%-105.2pp | 34.26%-23.2pp |
| Employer contribution / active EE | $119 | $4,580-97.4% | $3,168-96.2% | $3,038-96.1% |
| Participant deferral / active EE | $4,640 | $6,655-30.3% | $5,013-7.4% | $5,090-8.8% |
| Admin fee / account holder | $87 | $107-18.3% | $10,961-99.2% | $269-67.5% |