N-4

0000103007

Dec. 31, 2022

FEES AND EXPENSES

Charges for Early Withdrawals We do not impose a charge for early withdrawals from the Contract.

Transaction Charges
The Investor may be charged for other transactions:

• If you and take a loan from your Account Value, you may be subject to a Loan Initiation Fee not to exceed $125 per loan; and

• Certain Funds may impose redemption fees as a result of withdrawals, transfers or other Fund transactions you may initiate.

See “FEE TABLE – Transaction Expenses” and “CHARGES AND FEES.”

Ongoing Fees and Expenses (annual charges) The table below describes the fees and expenses that you may pay each year, depending on the options you choose. Please refer to your Contract specifications page for information about the specific fees you will pay each year based on the options you have elected. A Loan Interest Rate Spread (which is the difference between the rate charged and the rate credited on loans under your contract) or an Annual Loan administration fee are charged until the loan is repaid.

Annual Fee Minimum Maximum

Base Contract Expenses 1.25%^{1,
2} 1.25% ^{1, 2}

Investment Options
(Portfolio Company fees and expenses) 0.67%³ 1.22%³

¹ As a percentage of average Account Value.

² The annual maintenance fee, included in the Base Contract Expenses, reimburses us for our administrative expenses related to the Contract, the Separate Account and the Subaccounts. See “CHARGES AND FEES – Periodic Fees and Charges – Annual Maintenance Fee.”

³ These expenses, which include management fees, distribution (12b-1) and/or service fees and other expenses, do not take into account any fee waiver or expense reimbursement arrangements that may apply. These expenses are for the year ended December 31, 2022, and will vary from year to year.

Ongoing Fees and Expenses (annual charges)
Because your Contract is customizable, the choices you make affect how much you will pay. To help you understand the cost of owning your Contract, the following table shows the lowest and highest cost you could pay each year based on current charges. This estimate assumes that you do not take withdrawals from the Contract.

Lowest Annual Cost Estimate:
$1,687 Highest Annual Cost Estimate:
$2,153

Assumes:

• Investment of $100,000;

• 5% annual appreciation;

• No optional benefits;

• No sales charges; and

• No additional Purchase Payments, transfers or withdrawals.

Assumes:

• Investment of $100,000

• 5% annual appreciation;

• No sales charges; and

• No additional Purchase Payments, transfers or withdrawals

See “FEE TABLES – Periodic Fees and Expenses” and “CHARGES AND FEES – Periodic Fees and Charges.”

Transaction Charges [Text Block]

Transaction Charges
The Investor may be charged for other transactions:

• If you and take a loan from your Account Value, you may be subject to a Loan Initiation Fee not to exceed $125 per loan; and

• Certain Funds may impose redemption fees as a result of withdrawals, transfers or other Fund transactions you may initiate.

See “FEE TABLE – Transaction Expenses” and “CHARGES AND FEES.”

Base Contract (of Average Annual Net Assets) (N-4) Minimum [Percent]

1.25%

Base Contract (N-4) Footnotes [Text Block]

As a percentage of average Account Value.The annual maintenance fee, included in the Base Contract Expenses, reimburses us for our administrative expenses related to the Contract, the Separate Account and the Subaccounts. See “CHARGES AND FEES – Periodic Fees and Charges – Annual Maintenance Fee.”

Investment Options (of Average Annual Net Assets) Maximum [Percent]

1.22%

Lowest and Highest Annual Cost [Table Text Block]

Lowest Annual Cost Estimate:
$1,687 Highest Annual Cost Estimate:
$2,153

Assumes:

• Investment of $100,000;

• 5% annual appreciation;

• No optional benefits;

• No sales charges; and

• No additional Purchase Payments, transfers or withdrawals.

Assumes:

• Investment of $100,000

• 5% annual appreciation;

• No sales charges; and

• No additional Purchase Payments, transfers or withdrawals

See “FEE TABLES – Periodic Fees and Expenses” and “CHARGES AND FEES – Periodic Fees and Charges.”

Highest Annual Cost [Dollars]

$ 2,153

Investment Restrictions [Text Block]

• Generally, the Contract Holder or you, if permitted by the plan, may select no more than 25 investment options at initial enrollment. Thereafter, more options can be selected at any one time;

• Some Subaccounts may not be available through the Contract, your plan or in some states. See your contract or certificate for any state specific variations;

• The Company reserves the right to combine two or more Subaccounts, close Subaccounts or substitute a new Fund for a Fund in which a Subaccount currently invests; and

• The Contract is not designed to serve as a vehicle for frequent transfers. We actively monitor Fund transfer and reallocation actively to identify violations of our Excessive Trading Policy. Electronic trading privileges will be suspended if the Company determines, in its sole discretion, that our Excessive Trading Policy has been violated.

See “THE INVESTMENT OPTIONS – Selecting Investment Options and Right to Change the Separate Account” and “THE CONTRACT – Limits on Frequent or Disruptive Transfers.”

Tax Implications [Text Block]

• You should consult with a tax and/or legal adviser to determine the tax implications of an investment in, and distributions received under, the Contract;

• There is no additional tax benefit to the investor if the Contract is purchased through a tax-qualified plan or individual retirement account (“IRA”); and

• Withdrawals will be subject to ordinary income tax and may be subject to tax penalties.

See “FEDERAL TAX CONSIDERATIONS.”

Exchanges [Text Block]

Some investment professionals may have a financial incentive to offer you a new contract in place of the one you own. You should exchange your Contract only if you determine, after comparing the features, fees and risks of the Contract, that it is preferable for you to purchase the new contract rather than continue to own the existing Contract.

See “PRINCIPAL RISKS OF INVESTING IN THE CONTRACT.”

Transaction Expenses [Table Text Block]

Transaction Expenses

Maximum Loan Fees
Loan Initiation Fee⁴	$125.00
Premium Tax⁵	0.00% to 4.00%

Other Transaction Fee (of Other Amount), Maximum [Percent]

4.00%

Other Transaction Fee (of Other Amount), Footnotes [Text Block]

If the Contract has a 0.0% Loan Interest Rate Spread, it may be subject to a loan initiation fee. If assessed, the loan initiation fee will apply to each outstanding loan taken and will be deducted from the Account Value. We reserve the right to change the fee charged for loan initiation, but not to exceed $125. See “LOANS – Things to Consider Before Initiating a Loan.”We reserve the right to deduct a charge for premium taxes from your Account Value or from payments to the Account at any time, but not before there is a tax liability under state law. See “CHARGES AND FEES – Premium and Other Taxes.”

Administrative Expense, Current [Dollars]

$ 30.00

Base Contract Expense (of Average Account Value), Current [Percent]

1.25%

Optional Benefit Expense (of Other Amount), Current [Percent]

3.00%

Other Annual Expense, Current [Dollars]

$ 50.00

Annual Portfolio Company Expenses [Table Text Block]

Annual Fund Expenses

	Minimum	Maximum
Expenses that are deducted from Fund assets, including management fees, distribution and/or service (12b-1) fees, and other expenses (as of December 31, 2022)	0.43%	1.02%

Portfolio Company Expenses Minimum [Percent]

0.43%

Surrender Example [Table Text Block]

Example A: If you withdraw your entire Account Value at the end of the applicable time period:	1 Year	3 Years	5 Years	10 Years
	$2,511	$7,724	$13,204	$28,157

Surrender Expense, 3 Years, Maximum [Dollars]

7,724

Surrender Expense, 10 Years, Maximum [Dollars]

$ 28,157

No Surrender Expense, 1 Year, Maximum [Dollars]

$ 2,511

No Surrender Expense, 5 Years, Maximum [Dollars]

13,204

Item 5. Principal Risks [Table Text Block]

PRINCIPAL RISKS OF INVESTING IN THE CONTRACT

The decision to participate or invest in the Contract should be evaluated carefully. Make sure that you understand the risks you will face when you consider an investment in the Contract.

There are risks associated with investing in the Contract.

•

Investment Risk - You bear the risk of any decline in the Account Value caused by the performance of the underlying Funds held by the Subaccounts. Those Funds could decline in the value very significantly, and there is a risk of loss of your entire amount invested. The risk of loss varies with each underlying Fund. The investment risks are described in the prospectuses for the underlying Funds;

•

Withdrawal Risk - You should carefully consider the risk associated with withdrawals, including a surrender of the participant’s certificate and a withdrawal under a certificate. A surrender or partial withdrawal may be subject to federal and state taxes, including a 10% federal income tax penalty on the taxable portion of the withdrawal, if taken prior to age 59½. Surrendering the participant certificate terminates the certificate. You should also consider the impact that a partial withdrawal may have on the benefits under a participant certificate, potentially including partial withdrawals to pay adviser fees. Because of Contract features like these and given the tax consequences referred to above, you should not view the Contract as a short-term savings vehicle;

•

Insurance Company Insolvency - It is possible that we could experience financial difficulty in the future and even become insolvent, and therefore become unable to provide all of the guarantees and benefits that exceed the assets in the Separate Account that we have promised;

•

Tax Consequences - The value of deferred taxation on earnings grows with the amount of time funds are left in the Contract.

•

Short-Term Investment - You should not participate in this Contract if you are looking for a short-term investment or expect to need to make withdrawals before you are age 59½; and

•

Cyber Security and Certain Business Continuity Risks - Our operations support complex transactions and are highly dependent on the proper functioning of information technology and communication systems. Any failure of or gap in the systems and processes necessary to support complex transactions and avoid systems failure, fraud, information security failures, processing errors, cyber intrusion, loss of data and breaches of regulation may lead to a materially adverse effect on our results of operations and corporate reputation. In addition, we must commit significant resources to maintain and enhance its existing systems in order to keep pace with applicable regulatory requirements, industry standards and customer preferences. If we fail to maintain secure and well-functioning information systems, we may not be able to rely on information for product pricing, compliance obligations, risk management and underwriting decisions. In addition, we cannot assure Investors or consumers that interruptions, failures or breaches in security of these processes and systems will not occur, or if they do occur, that they can be timely detected and remediated. The occurrence of any of these events may have a materially adverse effect on our businesses, results of operations and financial condition.

Benefits Available [Table Text Block]

Name of Benefit	Purpose	Is Benefit Standard or Optional	Maximum Fee	Brief Description of Restrictions/Limitations
Asset Rebalancing Program	Allows you to reallocate your Account Value in the investments and percentages you identify.	Standard	No additional fee for this benefit.	Account Values invested in certain investment options may not be available for rebalancing under this program. Subaccount reallocations or changes outside of the asset rebalancing program may affect the program. Changes such as Fund mergers, substitutions or closures may also affect the program. This benefit may not be available under your Contract. Participants should refer to their plan documents for available benefits.
Systematic Distribution Options	Allows you to receive regular payments from your account without moving into the Income Phase.	Standard	No additional fee for this benefit.	If not required under the plan, VRIAC may discontinue the availability of one or all of the systematic distribution options at any time and/or change the terms of future elections. This benefit may not be available under your Contract. Participants should refer to their plan documents for available benefits.
Loans	Allows you to borrow against your Account Value.	Standard	Loan Interest Rate Spread (per annum): 3.00%; or Loan Initiation Fee: $125 per loan; and Annual Loan Administration Fee: $50 per loan.	Amounts borrowed under a Contract do not participate in the investment performance of the Subaccounts and you may lose the benefit of tax-deferred growth on earnings. Loans, therefore, can affect the Account Value and death benefit whether or not the loan is repaid.

Optional Benefit Expense, Footnotes [Text Block]

This is the difference between the rate charged and the rate credited on loans under your Contract. We reserve the right to apply a Loan Interest Rate Spread between 0.0% and 3.0% per annum. If applied, the Loan Interest Rate Spread is generally 2.5% per annum. The Loan Interest Rate Spread is charged until the loan is repaid in full. See “LOANS – Things to Consider Before Initiating a Loan.”

Operation of Benefit [Text Block]

Payment of Death Benefit or Proceeds

Subject to the conditions and requirements of state law, full payment of the death benefit or proceeds (“Proceeds”) to a Beneficiary may be made either into an interest bearing retained asset account that is backed by our General Account (described in “The Retained Asset Account” below) or by check. For additional information about the payment options available to you, please refer to your claim forms or contact Customer Service. Beneficiaries should carefully review all settlement and payment options available under the Contract and are encouraged to consult with a financial professional or tax adviser before choosing a settlement or payment option.

The Retained Asset Account. The retained asset account, known as the Voya Personal Transition Account, is an interest bearing account backed by our General Account. The retained asset account is not guaranteed by the Federal Deposit Insurance Corporation (“FDIC”) and, as part of our General Account, is subject to the claims of our creditors. Beneficiaries that receive their payment through the retained asset account may access the entire Proceeds in the account at any time without penalty through a draftbook feature. The Company seeks to earn a profit on the account, and interest credited on the account may vary from time to time but will not be less than the minimum rate stated in the supplemental Contract delivered to the Beneficiary together with the paperwork to make a claim to the Proceeds. Interest earned on the Proceeds in the account may be less than could be earned if the Proceeds were invested outside of the account. Likewise, interest credited on the Proceeds in the account may be less than under other settlement or payment options available through the Contract.

Death Benefit Calculation

The death benefit will be your Account Value, calculated as of the next time we value your account following the date on which we receive proof of death and a payment request in Good Order.

Item 17. Portfolio Companies (N-4) [Text Block]

APPENDIX A: FUNDS AVAILABLE UNDER THE CONTRACT

The following is a list of Funds available under the Contract. The Funds available to you may vary based on employer and state approval and participants should refer to their plan documents for a list of available Funds.

More information about the Funds is available in the prospectuses for the Funds, which may be amended from time to time and can be found online at https://vpx.broadridge.com/getcontract1.asp?dtype=usp&cid=voyavpx&fid=NRVA04582. You can also request this information at no cost by calling Customer Service at 1-800-584-6001 or by sending an email request to ProspectusRequests@voya.com.

The current expenses and performance information below reflects the fee and expenses of the Funds, but do not reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each fund’s past performance is not necessarily an indication of future performance.

INVESTMENT OBJECTIVE
FUND NAME

INVESTMENT ADVISER/SUBADVISER
CURRENT EXPENSES^*
AVERAGE ANNUAL TOTAL RETURNS

(as of 12/31/2022)

1 Year 5 Years 10 Years

Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2025. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Index Solution 2025 Portfolio (Class S)¹

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC
0.44% -16.09% 3.27% 5.76%

Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2035. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Index Solution 2035 Portfolio (Class S)¹

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC
0.46% -17.95% 3.92% 6.99%

^* Operating expenses reflecting applicable waivers or expense limitations as reported in the Fund’s expenses.

¹ This Fund is structured as a Fund of Funds or “master-feeder” Fund that invests directly in shares of underlying Funds. See “THE INVESTMENT OPTIONS – The Variable Investment Options – Fund of Funds” for more information.

INVESTMENT OBJECTIVE
FUND NAME

INVESTMENT ADVISER/SUBADVISER
CURRENT EXPENSES^*
AVERAGE ANNUAL TOTAL RETURNS

(as of 12/31/2022)

1 Year 5 Years 10 Years

Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2045. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Index Solution 2045 Portfolio (Class S)²

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC
0.46% -18.04% 4.79% 7.79%

Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2055. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Index Solution 2055 Portfolio (Class S)²

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC
0.52% -18.56% 4.71% 7.81%

Seeks to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Index Solution Income Portfolio (Class S)²

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC
0.43% -14.32% 1.92% 3.57%

* Operating expenses reflecting applicable waivers or expense limitations as reported in the Fund’s expenses.

² This Fund is structured as a Fund of Funds or “master-feeder” Fund that invests directly in shares of underlying Funds. See “THE INVESTMENT OPTIONS – The Variable Investment Options – Fund of Funds” for more information.

INVESTMENT OBJECTIVE
FUND NAME

INVESTMENT ADVISER/SUBADVISER
CURRENT EXPENSES^*
AVERAGE ANNUAL TOTAL RETURNS

(as of 12/31/2022)

1 Year 5 Years 10 Years

Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2025. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Solution 2025 Portfolio (Class S)^{3, 4}

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC

0.97% -17.46% 2.92% 5.63%

Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2035. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Solution 2035 Portfolio (Class S)^{3, 4}

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC

0.98% -18.62% 3.50% 6.67%

Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2045. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Solution 2045 Portfolio (Class S)^{3, 4}

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC

1.00% -19.50% 4.07% 7.41%

^* Operating expenses reflecting applicable waivers or expense limitations as reported in the Fund’s expenses.

³ This Fund is structured as a Fund of Funds or “master-feeder” Fund that invests directly in shares of underlying Funds. See “THE INVESTMENT OPTIONS – The Variable Investment Options – Fund of Funds” for more information.

⁴ This Fund is closed to new plan participants as of July 1, 2010.

INVESTMENT OBJECTIVE
FUND NAME

INVESTMENT ADVISER/SUBADVISER
CURRENT EXPENSES^*
AVERAGE ANNUAL TOTAL RETURNS

(as of 12/31/2022)

1 Year 5 Years 10 Years

Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2055. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal
Voya Solution 2055 Portfolio (Class S)^{5, 6}

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC

1.03% -19.80% 3.99% 7.43%

Seeks to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Solution Income Portfolio (Class S)^{5, 6}

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC
0.93% -15.01% 2.09% 3.68%

* Operating expenses reflecting applicable waivers or expense limitations as reported in the Fund’s expenses.

⁵ This Fund is structured as a Fund of Funds or “master-feeder” Fund that invests directly in shares of underlying Funds. See “THE INVESTMENT OPTIONS – The Variable Investment Options – Fund of Funds” for more information.

⁶ This Fund is closed to new plan participants as of July 1, 2010.

Portfolio Companies [Table Text Block]

INVESTMENT OBJECTIVE	FUND NAME INVESTMENT ADVISER/SUBADVISER	CURRENT EXPENSES^*	AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2022)
INVESTMENT OBJECTIVE	FUND NAME INVESTMENT ADVISER/SUBADVISER	CURRENT EXPENSES^*	1 Year	5 Years	10 Years
Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2025. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.	Voya Index Solution 2025 Portfolio (Class S)¹ Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC	0.44%	-16.09%	3.27%	5.76%
Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2035. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.	Voya Index Solution 2035 Portfolio (Class S)¹ Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC	0.46%	-17.95%	3.92%	6.99%

^* Operating expenses reflecting applicable waivers or expense limitations as reported in the Fund’s expenses.

¹ This Fund is structured as a Fund of Funds or “master-feeder” Fund that invests directly in shares of underlying Funds. See “THE INVESTMENT OPTIONS – The Variable Investment Options – Fund of Funds” for more information.

INVESTMENT OBJECTIVE
FUND NAME

INVESTMENT ADVISER/SUBADVISER
CURRENT EXPENSES^*
AVERAGE ANNUAL TOTAL RETURNS

(as of 12/31/2022)

1 Year 5 Years 10 Years

Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2045. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Index Solution 2045 Portfolio (Class S)²

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC
0.46% -18.04% 4.79% 7.79%

Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2055. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Index Solution 2055 Portfolio (Class S)²

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC
0.52% -18.56% 4.71% 7.81%

Seeks to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Index Solution Income Portfolio (Class S)²

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC
0.43% -14.32% 1.92% 3.57%

*	Operating expenses reflecting applicable waivers or expense limitations as reported in the Fund’s expenses.
²	This Fund is structured as a Fund of Funds or “master-feeder” Fund that invests directly in shares of underlying Funds. *See “THE INVESTMENT OPTIONS – The Variable Investment Options* – Fund of Funds” for more information.**

INVESTMENT OBJECTIVE	FUND NAME INVESTMENT ADVISER/SUBADVISER	CURRENT EXPENSES^*	AVERAGE ANNUAL TOTAL RETURNS (as of 12/31/2022)
INVESTMENT OBJECTIVE	FUND NAME INVESTMENT ADVISER/SUBADVISER	CURRENT EXPENSES^*	1 Year	5 Years	10 Years
Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2025. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.	Voya Solution 2025 Portfolio (Class S)^{3, 4} Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC	0.97%	-17.46%	2.92%	5.63%
Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2035. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.	Voya Solution 2035 Portfolio (Class S)^{3, 4} Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC	0.98%	-18.62%	3.50%	6.67%
Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2045. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.	Voya Solution 2045 Portfolio (Class S)^{3, 4} Investment Adviser: Voya Investments, LLC Subadviser: Voya Investment Management Co. LLC	1.00%	-19.50%	4.07%	7.41%

^* Operating expenses reflecting applicable waivers or expense limitations as reported in the Fund’s expenses.

³ This Fund is structured as a Fund of Funds or “master-feeder” Fund that invests directly in shares of underlying Funds. See “THE INVESTMENT OPTIONS – The Variable Investment Options – Fund of Funds” for more information.

⁴ This Fund is closed to new plan participants as of July 1, 2010.

INVESTMENT OBJECTIVE
FUND NAME

INVESTMENT ADVISER/SUBADVISER
CURRENT EXPENSES^*
AVERAGE ANNUAL TOTAL RETURNS

(as of 12/31/2022)

1 Year 5 Years 10 Years

Until the day prior to its Target Date, the Portfolio seeks to provide total return consistent with an asset allocation targeted at retirement in approximately 2055. On the Target Date, the Portfolio’s investment objective will be to seek to provide a combination of total return and stability of principal
Voya Solution 2055 Portfolio (Class S)^{5, 6}

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC

1.03% -19.80% 3.99% 7.43%

Seeks to provide a combination of total return and stability of principal consistent with an asset allocation targeted to retirement.
Voya Solution Income Portfolio (Class S)^{5, 6}

Investment Adviser: Voya Investments, LLC

Subadviser: Voya Investment Management Co. LLC
0.93% -15.01% 2.09% 3.68%

* Operating expenses reflecting applicable waivers or expense limitations as reported in the Fund’s expenses.

⁵ This Fund is structured as a Fund of Funds or “master-feeder” Fund that invests directly in shares of underlying Funds. See “THE INVESTMENT OPTIONS – The Variable Investment Options – Fund of Funds” for more information.

⁶ This Fund is closed to new plan participants as of July 1, 2010.