5500 form for TIAA-CREF plan

[K2retire]

We recently took over as investment advisor on a 403(b) plan with TIAA-CREF. The client is telling us that, although the plan is bundled, TIAA-CREF will not prepare the 5500. They have provided schedules indicating all of the information that needs to go on the form, but will not prepare the actual form.

 

Is that typical of TIAA-CREF -- or is the client misunderstanding something?

[CuseFan]

TIAA-CREF not performing any function related to plan compliance is par for the course from what I've seen over the years.

[Peter Gulia]

Is this an opportunity for another service provider to offer a useful service?

 

[Bird]

What does "bundled" mean in this scenario?

[K2retire]

3 hours ago, Bird said:

What does "bundled" mean in this scenario?

I thought it meant that TIAA-CREF was doing both the record keeping and compliance work. Apparently that s not what they think, however.

[david rigby]

19 hours ago, Fiduciary Guidance Counsel said:

Is this an opportunity for another service provider to offer a useful service?

Hmmm.  FGC may be on to something.  My firm would be interested in discussing services.

[Tom Poje]

Maybe it's a typo and they meant

'bungled'