Filed August 19, 2021 (most recent of 5 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
TIAA1 year Service code 15 · EIN 13-1624203 | Recordkeeping | $1,845 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $7,259 | $105,581-93.1% | $70,492-89.7% | $90,274-92.0% |
| Participation rate | 99.4% | 77.5%+21.9pp | 75.1%+24.4pp | 73.4%+26.1pp |
| Annual return | 13.38% | 14.78%-1.4pp | 109.16%-95.8pp | 53.97%-40.6pp |
| Employer contribution / active EE | $581 | $3,304-82.4% | $2,738-78.8% | $2,523-77.0% |
| Participant deferral / active EE | $0 | $3,813-100.0% | $3,711-100.0% | $4,231-100.0% |
| Admin fee / account holder | $0 | $68-99.4% | $3,848-100.0% | $114-99.7% |