Filed August 19, 2021 (most recent of 5 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
TIAA1 year Service code 15 · EIN 13-1624203 | Recordkeeping | $18 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $83,370 | $89,117-6.4% | $57,196+45.8% | $329,111-74.7% |
| Participation rate | 60.1% | 67.2%-7.1pp | 75.3%-15.2pp | 67.9%-7.8pp |
| Annual return | 12.38% | 7.87%+4.5pp | 14.59%-2.2pp | 16.35%-4.0pp |
| Employer contribution / active EE | $0 | $4,034-100.0% | $2,683-100.0% | $2,303-100.0% |
| Participant deferral / active EE | $3,686 | $3,328+10.8% | $3,096+19.1% | $3,682+0.1% |
| Admin fee / account holder | $0 | $21-100.0% | $3,141-100.0% | $754-100.0% |