Voya 2014 Annual Report Download - page 35

The following chart presents our Institutional Retirement Plans product/service models and corresponding
AUM and AUA, key markets in which we compete, primary defined contribution plan Internal Revenue Code
sections and core products offered for each market segment.
Product/Service
Model
AUM/AUA
(as of
December 31, 2014)
Key Market Segments/Product
Lines
Primary
Defined
Contribution
Plan Internal
Revenue
Code section Core Products*
Full Service Plans $97.7 billion Small-Mid Corporate 401(k) Voya MAP Select, Voya
Framewor(k)
K-12 Education 403(b) Voya Custom Choice II
Higher Education 403(b) Voya Retirement
Choice II, Voya
Retirement Plus II
Healthcare & Other
Non-Profits
403(b) Voya Retirement
Choice II, Voya
Retirement Plus II
Government (local and state) 457 RetireFlex-SA,
RetireFlex-MF, Voya
Health Reserve
Account
Recordkeeping and
Stable Value Plans
$253.6 billion Small-Mid Corporate 401(k) **
Large Corporate 401(k) **
Government (local and state) 457 **
Stable Value
(Sold across all market
segments with a strong
focus on Large Corporate)
401(k)
403(b)
457(b)
Separate Account and
Synthetic GICs
* Core products actively being sold today.
** Offerings include administration services and investment options such as mutual funds, commingled trusts
and separate accounts.
For plans in the full service corporate markets segment, our core products are:
•Voya MAP Select, a group funding agreement/group annuity contract offered to fund qualified
retirement plans. The product contains over 300 funds from well-known fund families (larger plans are
offered the ability to offer most funds whose trades are cleared through the National Securities
Clearing Corporation) as well as our general account and various stable value options.
•Voya Framewor(k), a mutual fund program offered to fund qualified retirement plans. The product
contains over 300 funds from well-known fund families (larger plans are offered the ability to offer
most funds whose trades are cleared through the National Securities Clearing Corporation) as well as
our general account and various stable value options.
For plans in the full service tax-exempt markets, we offer a variety of customized products, including the
following:
•Voya Retirement Choice II and RetireFlex-MF, retail mutual fund products which provide flexible
funding vehicles and are designed to provide a diversified menu of mutual funds in addition to a
guaranteed option (available through a group fixed annuity contract or stable value product).
•Voya Retirement Plus II and Voya Custom Choice II, registered group annuity products featuring
variable investment options held in a variable annuity separate account and a fixed investment option
held in the general account.
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