Recordkeepers
NAPAFIRMPARTNERS
New York, NY • vestwell.com
Windsor, CT • Voya.com
Vestwell
Voya Financial
Key Contact(s)
Key Contact(s)
Josh Forstater 215.896.8731 • joshua.forstater@vestwell.com Richard Tatum 615.480.3244 • richard.tatum@vestwell.com Christian Romano 401.829.8126 • christian.romano@vestwell.com
Allison Dirksen 612.270.4701 • Allison.Dirksen@voya.com Jonathan Reilly 714.319.7354 • Jonathan.Reilly@voya.com Ginger Brennan 973.714.0544 • Virginia.Brennan@voya.com
Firm Profile
Firm Profile
Vestwell is the modern fintech platform powering savings and investment programs for small businesses and individual savers. We support over 50,000 businesses and over a million savers. Our proprietary recordkeeping platform sits at the intersection of financial services, state partnerships, and payroll companies to bring savings programs an umbrella of modern experiences. We empower retirement plan advisors and those aiming to scale their small business practice while helping employers expand benefits and minimize administrative burdens.
Voya Financial, Inc. (NYSE: VOYA), is a leading health, wealth and investment company that provides products, solutions and technologies that help Americans become well planned, well invested and well protected. Serving the needs of 14.7 million individual, workplace and institutional clients, Voya is purpose-driven and is equally committed to conducting business in a way that is socially, environmentally, economically and ethically responsible. The company supports workplace savings plans of all sizes across all industries.
Primary Market(s) Served Micro: <$1 million, Small: $1-$10 million, Mid: $10-$100 million
Micro: <$1 million, Small: $1-$10 million, Mid: $10-$100 million, Large: $100-$250 million, Mega: >$250 million
Plans / Participants Served by Type*
Plans / Participants Served by Type*
401(k): 4,463 / 82,439 403(b): 194 / 3,084 Other: 46,301 / 994,871
Total Assets Administered $28,522,480,291
Plans by Channel
Direct: 457 / Advisor: 4,041
Platform(s) Used Proprietary
Asset Allocation Funds Risk-based Model, Target Age-based Model, Advisor Managed Accounts
Advisor Support Services
External Wholesalers Focused on Advisors: 16 External Wholesalers Focused on Institutional: 8 Internal Wholesalers Focused on Advisors: 18 Internal Wholesalers Focused on Institutional: 2 Compliance Support, Plan Benchmarking, Training for DC Plan Sales/Service, Investment Committee Meetings
Participant Support Services Rollover Services, Call Center Support, Facebook Page, Smartphone Access to Participant Balances, Smartphone Transaction Access for Participants
Plan Sponsor Service(s) Available ERISA 3(16) plan administration services, Plan Document Review, Annual Compliance Testing and Filings, Compliance Support, Claims, Loans, and Distributions, Investment Support, Form 5500 Filing/Signing
Primary Market(s) Served
401(k): 28,153 / 3,101,375 403(b): 19,561 / 903,491 457: 5,289 / 2,587,599 NQDC: 776 / 26,000 Other: 13 / 216,418
Total Assets Administered $495,461,000,000
Plans by Channel
Direct: 3,805 / Advisor: 49,987
Platform(s) Used Group annuity/NAV open architecture
Asset Allocation Funds Proprietary and non-proprietary options, Active/passive/blend management options, Open architecture platform
Advisor Support Services
External Wholesalers Focused on Advisors: 82 External Wholesalers Focused on Institutional: 65 Internal Wholesalers Focused on Advisors: 29 Internal Wholesalers Focused on Institutional: 27 Compliance Support, Plan Benchmarking, Target-Date Evaluation Tools, Training for DC Plan Sales/Service, Investment Committee Meetings
Participant Support Services In-Plan Lifetime Income Options, Rollover Services, Call Center Support, Facebook Page, Smartphone Access to Participant Balances, Smartphone Transaction Access for Participants
Plan Sponsor Service(s) Available Plan design flexibility, compliance/regulatory support, comprehensive fiduciary solutions, plan health reporting, dedicated support teams, 360 payroll integration, employee enrollment, communications, education and financial wellness programs.
*as of 6.30.23
NAPABLACKBOOK2023
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