Filed December 2, 2024
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| Provider | Service type | Compensation |
|---|---|---|
VOYA RETIREMENT INSURANCE & ANNUITY11+ years Service code 26 · EIN 71-0294708 | Advisory (Participants) | $29,240 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $27,187 |
MORNINGSTAR11+ years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $13,146 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,406 | $104,829-42.4% | $142,942-57.7% | $79,634-24.1% |
| Participation rate | 95.4% | 66.2%+29.2pp | 76.8%+18.5pp | 62.5%+32.9pp |
| Annual return | 14.95% | 15.48%-0.5pp | 113.70%-98.8pp | 36.46%-21.5pp |
| Employer contribution / active EE | $2,806 | $3,867-27.4% | $4,139-32.2% | $2,529+11.0% |
| Participant deferral / active EE | $6,875 | $5,222+31.7% | $7,128-3.5% | $3,835+79.3% |
| Admin fee / account holder | $36 | $887-96.0% | $12,475-99.7% | $1,002-96.4% |