Filed December 20, 2022 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
TIAA6+ years Service code 72 · EIN 13-1624203 730 THIRD AVE · NEW YORK, NY 100173206 | Other investment fees and expenses | $79,694 |
NATIONWIDE5 years Service code 72 · EIN 31-4156830 P.O. BOX 182021 · COLUMBUS, OH 432182021 | Other investment fees and expenses | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $256,903 | $84,948+202.4% | $70,492+264.4% | $73,415+249.9% |
| Participation rate | 47.5% | 79.9%-32.5pp | 75.1%-27.6pp | 72.2%-24.7pp |
| Annual return | 14.64% | 13.39%+1.3pp | 109.16%-94.5pp | 59.30%-44.7pp |
| Employer contribution / active EE | $2,185 | $2,834-22.9% | $2,738-20.2% | $2,234-2.2% |
| Participant deferral / active EE | $2,687 | $3,387-20.7% | $3,711-27.6% | $3,806-29.4% |
| Admin fee / account holder | $139 | $98+41.5% | $3,848-96.4% | $158-12.1% |