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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 27 · EIN 71-0294708 PO BOX 990067 · HARTFORD, CT 061990067 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $4,959 | $43,344-88.6% | $59,899-91.7% | $64,173-92.3% |
| Participation rate | 21.9% | 69.2%-47.3pp | 74.7%-52.8pp | 69.6%-47.7pp |
| Annual return | -7.30% | -1.55%-5.7pp | 3.46%-10.8pp | 7.63%-14.9pp |
| Employer contribution / active EE | $0 | $2,030-100.0% | $2,723-100.0% | $2,381-100.0% |
| Participant deferral / active EE | $803 | $2,547-68.5% | $3,402-76.4% | $3,470-76.9% |
| Admin fee / account holder | $31 | $3,008-99.0% | $3,592-99.1% | $4,887-99.4% |