Filed December 2, 2024
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| Provider | Service type | Compensation |
|---|---|---|
VOYA RETIREMENT INSURANCE & ANNUITY10+ years Service code 28 · EIN 71-0294708 | Investment Management | $29,734 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $22,897 |
MORNINGSTAR10+ years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $12,402 |
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 | $57,566 | $89,588-35.7% | $133,698-56.9% | $77,762-26.0% |
| Participation rate | 95.6% | 74.3%+21.3pp | 76.4%+19.1pp | 70.6%+25.0pp |
| Annual return | 17.74% | 17.42%+0.3pp | 580.90%-563.2pp | 31.27%-13.5pp |
| Employer contribution / active EE | $1,107 | $3,491-68.3% | $4,218-73.8% | $2,728-59.4% |
| Participant deferral / active EE | $7,095 | $5,592+26.9% | $7,016+1.1% | $4,651+52.5% |
| Admin fee / account holder | $33 | $539-93.9% | $6,703-99.5% | $433-92.4% |