Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 8-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
TIAA4+ years Filed as: TIAA - TEACHERS INSURANCE AND ANNUI Service code 15 · EIN 13-1624203 730 THIRD AVE · NEW YORK, NY 100173206 | Recordkeeping | $7,913 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Form 5500 reported that benefits due were not provided when due.
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 | $29,075 | $65,322-55.5% | $70,494-58.8% | $73,497-60.4% |
| Participation rate | 62.8% | 77.0%-14.2pp | 75.1%-12.3pp | 70.7%-7.9pp |
| Annual return | 12.49% | 15.71%-3.2pp | 109.16%-96.7pp | 28.51%-16.0pp |
| Employer contribution / active EE | $900 | $2,460-63.4% | $2,738-67.1% | $2,270-60.4% |
| Participant deferral / active EE | $1,135 | $3,375-66.4% | $3,711-69.4% | $3,740-69.7% |
| Admin fee / account holder | $55 | $214-74.3% | $3,848-98.6% | $513-89.3% |