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 | $110,535-45.4% | $149,600-59.6% | $71,012-14.9% |
| Participation rate | 95.4% | 70.0%+25.4pp | 77.2%+18.2pp | 58.6%+36.8pp |
| Annual return | 14.95% | 18.07%-3.1pp | 129.59%-114.6pp | 37.67%-22.7pp |
| Employer contribution / active EE | $2,806 | $4,608-39.1% | $4,193-33.1% | $2,348+19.5% |
| Participant deferral / active EE | $6,875 | $5,546+24.0% | $7,203-4.5% | $3,246+111.8% |
| Admin fee / account holder | $36 | $1,181-97.0% | $13,963-99.7% | $1,167-96.9% |