Filed December 6, 2022
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| Provider | Service type | Compensation |
|---|---|---|
TIAA1 year Filed as: TIAA- TEACHERS INSURANCE AND ANNUIT Service code 50 · EIN 13-1624203 730 THIRD AVE · NEW YORK, NY 100173206 | Direct Payment | $19,744 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $81,676 | $65,582+24.5% | $64,101+27.4% | $71,511+14.2% |
| Participation rate | 81.9% | 73.2%+8.7pp | 72.3%+9.6pp | 67.9%+14.0pp |
| Annual return | 14.57% | 18.96%-4.4pp | 33.72%-19.2pp | 28.86%-14.3pp |
| Employer contribution / active EE | $4,832 | $2,671+80.9% | $2,749+75.8% | $2,589+86.6% |
| Participant deferral / active EE | $3,752 | $3,628+3.4% | $3,881-3.3% | $4,291-12.6% |
| Admin fee / account holder | $151 | $616-75.5% | $3,070-95.1% | $1,588-90.5% |