Filed May 29, 2024
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| Provider | Service type | Compensation |
|---|---|---|
TIAA8+ years Service code 64 · EIN 13-1624203 730 THIRD AVE · NEW YORK, NY 100173206 | Recordkeeping Fees | $33,613 |
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 | $5,204 | $163,960-96.8% | $91,227-94.3% | - |
| Participation rate | 93.2% | 66.2%+26.9pp | 73.2%+20.0pp | - |
| Annual return | -15.00% | -11.87%-3.1pp | 114.14%-129.1pp | - |
| Employer contribution / active EE | -$116 | $2,306-105.0% | $2,851-104.1% | - |
| Participant deferral / active EE | $0 | $3,979-100.0% | $4,234-100.0% | - |
| Admin fee / account holder | $29 | $34,394-99.9% | $5,423-99.5% | - |