Plan Ledger DOL Form 5500 · updated monthly

Voya Services Company401(k) + ESOP (KSOP)

VOYA 401(K) SAVINGS PLAN · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.00%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Voya Services Company reported $4,697 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,506 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.004% to 0.000%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 16th-largest of 2,160 plans among Georgia employers on file, and the 76th of 4,798 in finance & insurance. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 6,075 to 7,442 since 2022.

Plan summary
Net assets, end of year$2,745,102,509
Participants with balances12,745
Active participants7,442
Employer contributions$48,418,541
Employee contributions$80,237,825
Employer contribution per active participant$6,506
Average account balance$215,387
Benefits paid to participants$235,351,636
Plan auditUnmodified (clean) audit opinion
AuditorMITCHELL TITUS
Plan history3
Yearassets · accounts · employer contribution
2024$2.7B · 12,745 accts · $48.4M emplr
2023$2.3B · 12,999 accts · $40.8M emplr
2022$2.0B · 11,441 accts · $37.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25
Trustee / custodial$147
Total administrative$4,697
The Voya Services Company 401(k) match · 2024
Employer contribution per active participant$6,506
Median for plans this size$5,259
2024$6,506 per active participant
2023$5,970 per active participant
2022$6,195 per active participant

Voya Services Company's 2024 employer contribution ran above the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
BENEFIT TRUST COMPANY · Trusteeindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$4,697 · 0.00%
2023$981 · 0.00%
2022$88,964 · 0.00%
Same employer
Similar plansFinance & Insurance · Georgia
Aon Corporation GA$6.6B · 0.03%
Global Payments Inc. GA$2.6B · 0.03%
Equifax Inc. GA$1.5B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521317217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.