Voya Financial

Third-Party Administrator

New York City, NY

About Voya Financial

<p>Focused on retirement plan administration, Voya Financial handles compliance and recordkeeping for employer-sponsored plans. The firm has 9,000 employees and is headquartered in New York City, serving the New York metro area and plan sponsors across the U.S.</p> <p>Voya works with employers in the corporate, tax-exempt, government, healthcare, higher education, K–12, and nonprofit sectors. Plan types referenced include 401(k) and 403(b). It also supports individuals and financial professionals with retirement planning resources, retirement insights, and investment strategy tools tied to workplace plans.</p> <p>As of 2025, Voya reports 65,000 clients and $0.7B in AUM. A practical differentiator is its use of financial literacy and behavioral finance concepts in participant-facing education, which can help employers structure communications around savings decisions and market volatility.</p> <p>Voya is part of the broader network of <a href="/retirement-plans">retirement plan providers</a> that employers use to run day-to-day plan operations.</p> <ul> <li>Plan administration with compliance support</li> <li>Recordkeeping for workplace retirement plans</li> <li>Coverage for 401(k) and 403(b) plan needs</li> <li>Workplace solutions for corporate, public, and nonprofit employers</li> <li>Tools and resources for financial professionals supporting plan clients</li> </ul>

Website: https://www.voya.com/

Employees: 9000

Office Locations

  • New York City, NY (Headquarters)

Services Offered

  • Compliance Services
  • Recordkeeping

Client Statistics (2025)

  • Total Clients: 65,135
  • Total AUM: $729.0B
  • Total Participants: 5

Plans Serviced (2024)

Largest plans where this firm is listed as a service provider (Schedule C) or IQPA (Schedule H) on the most recent filings (From Form 5500).

PlanSponsorAssetsParticipants
EXXONMOBIL SAVINGS PLAN EXXON MOBIL CORPORATION, TX $23.6B 23,971
THE BANK OF AMERICA PENSION PLAN BANK OF AMERICA CORPORATION, RI $17.6B 51,062
IBM PERSONAL PENSION PLAN INTERNATIONAL BUSINESS MACHINES CORPORATION, NY $17.6B 43,052
401(K) PENSION PLAN NATIONAL RURAL ELECTRIC COOPERATIVE ASSOCIATION, VA $16.7B 61,593
CONSOLIDATED EDISON RETIREMENT PLAN CONSOLIDATED EDISON COMPANY OF NEW YORK, INC., NY $15.5B 10,314
401(k) Retirement Plan Healthcare Sponsor, GA $15.0B 26,369
401(k) Retirement Plan Manufacturing Sponsor, GA $14.2B 84,091
401(k) Retirement Plan Professional Services Sponsor, MN $11.4B 67,658
401(k) Retirement Plan Technology Sponsor, PA $9.9B 22,098

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