Filed August 31, 2022 (most recent of 3 filings on file)
Total covered: 1,021 employees
| Provider | Service type | Compensation |
|---|---|---|
TIAA2 years Service code 37 · EIN 13-1624203 | Loan Processing | $86,092 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,852 | $113,568-77.2% | $67,560-61.7% | $200,096-87.1% |
| Participation rate | 99.6% | 73.3%+26.2pp | 72.9%+26.6pp | 72.0%+27.5pp |
| Annual return | 16.05% | 15.88%+0.2pp | 3533.50%-3517.4pp | 34.26%-18.2pp |
| Employer contribution / active EE | $501 | $3,409-85.3% | $2,737-81.7% | $3,038-83.5% |
| Participant deferral / active EE | $3,290 | $4,163-21.0% | $4,004-17.8% | $5,090-35.4% |
| Admin fee / account holder | $20 | $102-81.0% | $3,994-99.5% | $269-92.8% |