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| Provider | Service type | Compensation |
|---|---|---|
Filed as: VOYA RETIREMENT INSURANCE & ANNITY Service code 27 · EIN 71-0294708 COMPANY · 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 | $11,427 | $53,837-78.8% | $75,714-84.9% | $85,847-86.7% |
| Participation rate | 22.4% | 69.1%-46.6pp | 74.8%-52.4pp | 69.3%-46.9pp |
| Annual return | 9.49% | 24.54%-15.0pp | 104.62%-95.1pp | 318.61%-309.1pp |
| Employer contribution / active EE | $0 | $2,017-100.0% | $2,744-100.0% | $2,565-100.0% |
| Participant deferral / active EE | $1,401 | $2,895-51.6% | $3,820-63.3% | $3,952-64.5% |
| Admin fee / account holder | $35 | $3,339-99.0% | $3,619-99.0% | $6,261-99.4% |