Filed August 19, 2021 (most recent of 5 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
TIAA1+ years Filed as: TIAA - TEACHERS INS. AND ANNUITY Service code 15 · EIN 13-1624203 | Recordkeeping | $298 |
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
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 | $19,423 | $51,769-62.5% | $57,357-66.1% | $52,331-62.9% |
| Participation rate | 98.6% | 75.2%+23.3pp | 75.1%+23.5pp | 68.1%+30.5pp |
| Annual return | 2.71% | 2.43%+0.3pp | 24.41%-21.7pp | 4.54%-1.8pp |
| Employer contribution / active EE | $0 | $2,335-100.0% | $2,689-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $0 | $2,794-100.0% | $3,162-100.0% | $3,022-100.0% |
| Admin fee / account holder | $1 | $295-99.6% | $3,357-100.0% | $592-99.8% |