Filed April 8, 2020
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 6-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
TIAA2+ years Service code 15 · EIN 13-1624203 | Recordkeeping | $18,607 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $28,399 | $105,581-73.1% | $70,476-59.7% | $90,274-68.5% |
| Participation rate | 61.1% | 77.5%-16.4pp | 75.1%-13.9pp | 73.4%-12.2pp |
| Annual return | 28.93% | 14.78%+14.2pp | 109.12%-80.2pp | 53.97%-25.0pp |
| Employer contribution / active EE | $3,025 | $3,304-8.4% | $2,738+10.5% | $2,523+19.9% |
| Participant deferral / active EE | $2,585 | $3,813-32.2% | $3,710-30.3% | $4,231-38.9% |
| Admin fee / account holder | $25 | $68-62.7% | $3,847-99.3% | $114-77.9% |