According to the company, there are 24,000 eligible employees for the two plans.
In addition, TIAA-CREF has been retained as a provider under the Iowa Statewide 403(b) Plan (with 80,000 eligible employees) for which it has been a provider since late 2008. Assets under all three plans are in excess of $500 million, the company said.
TIAA-CREF is a provider of retirement services in the academic, research, medical, and cultural fields with $374 billion in combined assets under management as of 6/30/09.
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