Providers › Recordkeeping and administration
Service provider · Schedule C, plan year 2024
Voya Institutional Plan Services
Most often reported for recordkeeping and administration
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.
For plan year 2024, 86 retirement plans with 100 or more participants reported paying Voya Institutional Plan Services $5,000 or more. Those plans cover 1,957,945 participant records, and the service most often reported is recordkeeping and administration.
Reported compensation from those plans, direct and indirect, totalled $59.9M. Per plan, the median was $41.12 per participant, with the middle half of plans between $24.52 and $69.19. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.
Its client plans are most numerous in Florida (9), Illinois (9) and Texas (8).
In 2009 it appeared on 38 such filings; in 2024, 86. Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.
Reported compensation per plan
| Across this provider's plans | 25th percentile | Median | 75th percentile |
|---|---|---|---|
| Compensation per participant | $24.52 | $41.12 | $69.19 |
| Compensation as a share of plan net assets | 0.02% | 0.06% | 0.10% |
What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.
Plans served by year
Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.
By state
By plan size
Services reported
Largest plans naming this provider
| Plan | Sponsor | State | Participants | Net assets | Reported to this provider |
|---|---|---|---|---|---|
| ADP Totalsource Retirement Savings Plan | ADP Totalsource Group, Inc. | FL | 335,802 | $9.19B | $13.6M |
| Publix Super Markets, Inc. 401(k) Smart Plan | Publix Super Markets, Inc. | FL | 239,138 | $8.06B | $2.5M |
| Dollar General Corp. 401(k) Savings and Retirement Plan | Dollar General Corporation | TN | 201,691 | $825M | $1.1M |
| Best Buy Retirement Savings Plan | Best Buy Enterprise Services, Inc. | MN | 108,948 | $3.13B | $2.4M |
| Aon Pooled Employer Plan | Aon Consulting, Inc. | IL | 87,813 | $3.14B | $3.6M |
| 401(k) Pension Plan | National Rural Electric Cooperative Association | VA | 80,475 | $16.7B | $1.8M |
| Davita Retirement Savings Plan | Davita Inc. | CO | 78,487 | $3.81B | $3.9M |
| Circle K Retirement Plan | The Circle K Retirement Plan | AZ | 75,362 | $506M | $506K |
| Booz Allen Hamilton Inc. Employees' Capital Accumulation Plan | Booz Allen Hamilton Inc. | VA | 56,540 | $9.32B | $1.2M |
| Cognizant Technology Solutions 401(k) Savings Plan | Cognizant Technology Solutions | NJ | 54,490 | $3.04B | $549K |
| Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan | Baxter International Inc. | IL | 29,847 | $4.58B | $1.1M |
| LHC Group 401(k) Plan | LHC Group, Inc. | LA | 29,768 | $541M | $1.4M |
| Michaels Stores, Inc. Employees 401(k) Plan | Michaels Stores, Inc. | TX | 29,442 | $337M | $344K |
| Bass Pro Group, LLC 401(k) Plan | Great Outdoors Group, LLC | MO | 29,337 | $608M | $726K |
| Autonation 401(k) Plan | Autonation, Inc. | FL | 28,829 | $1.09B | $1.1M |
| Yum Brands 401(k) Plan | Yum Brands, Inc. | KY | 25,422 | $989M | $348K |
| Hearst Retirement Savings Plan | The Hearst Corporation | NC | 24,445 | $3.14B | $46K |
| Motorola Solutions 401(k) Plan | Motorola Solutions, Inc. | IL | 22,877 | $6.50B | $773K |
| Weis Markets, Inc. Retirement Savings Plan | Weis Markets, Inc. | PA | 22,404 | $304M | $798K |
| Recreational Equipment, Inc. Retirement and Profit Sharing Plan | Recreational Equipment, Inc. | WA | 22,024 | $1.01B | $22K |
| Nissan Employee 401(k) Plan | Nissan North America, Inc. | TN | 21,429 | $4.38B | $3.3M |
| Thomson Reuters 401(k) Savings Plan | Thomson Reuters Holdings Inc. | MN | 20,290 | $4.47B | $612K |
| Dominion Energy 401(k) Plan | Dominion Energy, Inc. | VA | 18,620 | $4.43B | $3.1M |
| Constellis 401(k) Plan | Constellis, LLC | VA | 16,214 | $644M | $656K |
| Fluor Corporation Employees Savings Investment Plan | Fluor Corporation | TX | 16,213 | $3.53B | $698K |
| Westinghouse Electric Company Savings Plan | Westinghouse Electric Company LLC | PA | 15,193 | $2.09B | $639K |
| Mastercard Savings Plan | Mastercard International Incorporated | NY | 14,454 | $3.87B | $44K |
| Centerpoint Energy Savings Plan | Centerpoint Energy, Inc. | TX | 11,962 | $2.88B | $379K |
| Serco Inc. 401(k) Retirement Plan | Serco Inc. | VA | 11,363 | $744M | $523K |
| Ball Corporation 401(k) and Employee Stock Ownership Plan | Ball Corporation | CO | 11,293 | $2.32B | $362K |
| Edwards Lifesciences Corporation 401(k) Savings and Investment Plan | Edwards Lifesciences Corporation | CA | 10,257 | $1.90B | $790K |
| Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan | Spirit Aerosystems Holdings, Inc. | KS | 9,084 | $1.22B | $374K |
| Olin Corporation Retirement Savings Plan | Olin Corporation | MO | 9,055 | $1.36B | $468K |
| United Health Services, Inc. 403(b) Retirement Plan | United Health Services, Inc. | NY | 8,760 | $391M | $495K |
| Genpact U. S. 401(k) Savings Plan | Genpact, LLC | NY | 8,590 | $602M | $260K |
| Bluetriton Brands, Inc. 401(k) Savings Plan | Bluetriton Brands, Inc. | CT | 8,582 | $470M | $217K |
| Enbridge Employee Services, Inc. Employees' Savings Plan | Enbridge Employee Services, Inc. | TX | 8,492 | $1.84B | $155K |
| Arvest Bank 401(k) & Profit Sharing Retirement Plan | Arvest Bank | AR | 8,139 | $926M | $261K |
| Sun Advantage Savings and Investment Plan | Sun Life Financial U.S. Services Company, Inc. | MA | 8,069 | $1.78B | $236K |
| Ltimindtree Ltd. 401(k) Plan | Ltimindtree Ltd. | NJ | 7,262 | $207M | $128K |
Questions and answers
How many plans does Voya Institutional Plan Services serve?
86 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.
What do plans pay Voya Institutional Plan Services?
The median plan reported $41.12 per participant in direct and indirect compensation (86 plans reporting an amount), or 0.06% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.
What services are reported?
The service codes most often attached to it are Participant loan processing (66 plans), Other services (32 plans), Recordkeeping and information management (23 plans) and Participant communication (4 plans).
Where does this come from?
Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.