Plan Ledger DOL Form 5500 · updated monthly

Teachers Insurance and Annuity Association of AmericaMoney purchase plan

TIAA RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Teachers Insurance and Annuity Association of America reported $493,781 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,991 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.00% to 0.01%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 22nd-largest of 5,648 plans among New York employers on file, and the 32nd of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$5,903,718,286
Participants with balances29,750
Active participants11,597
Employer contributions$150,659,859
Employee contributions—
Employer contribution per active participant$12,991
Average account balance$198,444
Benefits paid to participants$186,184,102
Plan auditUnmodified (clean) audit opinion
AuditorPRICEWATERHOUSE COOPERS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$5.9B · 29,750 accts · $150.7M emplr
2023$5.3B · 29,584 accts · $155.9M emplr
2022$4.5B · 28,247 accts · $145.6M emplr
Administrative expenses, itemized · 2024
Investment management$493,781
Total administrative$493,781
Employer contributions to the Teachers Insurance and Annuity Association of America plan · 2024
Employer contribution per active participant$12,991
Median for plans this size$5,259
2024$12,991 per active participant
2023$13,093 per active participant
2022$11,651 per active participant

Teachers Insurance and Annuity Association of America's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TIAA · Recordkeeping · Pension consulting$29,074
MESIROW FINANCIAL INC · Investment management$464,673

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024TIAA
2023TIAA

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$493,781 · 0.01%
2023$422,044 · 0.01%
2022$95,446 · 0.00%
All plans at this employer2
TIAA RETIREMENT PLANMoney purchase plan
TIAA CODE SECTION 401(K) PLAN401(k)
Same employer
Similar plansFinance & Insurance · New York
Blackrock, Inc. NY$4.8B · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131624203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.