Filed April 24, 2023
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
TIAA1 year Filed as: TIAA - TEACHERS INSURANCE AND ANNUI Service code 15 · EIN 13-1624203 730 THIRD AVE. · NEW YORK, NY 10017 | Recordkeeping | $525 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,111 | $56,095-41.0% | $178,490-81.4% | $90,288-63.3% |
| Participation rate | 40.1% | 65.6%-25.4pp | 81.9%-41.8pp | 73.4%-33.2pp |
| Annual return | 14.83% | 28.81%-14.0pp | 151.07%-136.2pp | 53.97%-39.1pp |
| Employer contribution / active EE | $385 | $1,572-75.5% | $5,011-92.3% | $2,524-84.7% |
| Participant deferral / active EE | $1,792 | $2,669-32.8% | $5,202-65.5% | $4,232-57.6% |
| Admin fee / account holder | $0 | $101-100.0% | $13,984-100.0% | $114-100.0% |