Introduction
TIAA
www.tiaa.orgAssets ($MM) by Plan Type | ||||
---|---|---|---|---|
Ranked #2 | $625,200 | |||
401(k) | $7,020 | |||
403(b) | $424,026 | |||
457 | $8,579 | |||
NQDC | $741 | |||
All Other | $184,834 |
Participants by Plan Size | ||||
---|---|---|---|---|
Ranked #3 | 6,209,542 | |||
<$10MM | 862,986 | |||
$10MM – $50MM | 1,117,477 | |||
>$50MM – $200MM | 1,106,522 | |||
>$200MM – $1BMM | 1,688,244 | |||
>$1B | 1,434,313 |
Service Offerings | |
---|---|
New client restrictions | Education institutions, teaching hospitals, governmental, and other nonprofit entities only |
Multiple service models | Yes |
Offers corporate trustee services | Yes |
Internal ERISA counsel | 7 |
Will act as §3(16) fiduciary | No |
Participant Services | |
---|---|
Call center hours | Weekdays: 8 a.m. - 10 p.m. ET Saturdays: 9 a.m. - 6 p.m. ET |
Online chat support | No |
Mobile app | Yes |
Managed account options | Morningstar/Ibbotson |
Retirement Income | |
---|---|
Displays retirement income estimate on statements | Yes |
Offers in-plan guaranteed retirement income products | Yes |
Offers out-of-plan annuity bidding service | No |
Recordkeeping Platform FIS Omni / Relius |
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*Data has been updated/revised since initial publication in PLANSPONSOR magazine. |