Filed November 29, 2005 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MUTUAL OF AMERICA Service code 15 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping | $11,862 |
LINCOLN NATIONAL CORPORATION7+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $10,379 |
Filed as: WILSHIRE Service code 21 · EIN 95-2755361 | Bank Trustee | $1,058 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,062 | $56,485-52.1% | $185,823-85.4% | $86,799-68.8% |
| Participation rate | 29.4% | 65.5%-36.1pp | 81.7%-52.3pp | 72.3%-42.9pp |
| Annual return | 14.79% | 118.04%-103.3pp | 122.05%-107.3pp | 97.91%-83.1pp |
| Employer contribution / active EE | $301 | $1,843-83.7% | $5,167-94.2% | $2,405-87.5% |
| Participant deferral / active EE | $931 | $2,553-63.5% | $5,568-83.3% | $4,131-77.5% |
| Admin fee / account holder | $129 | $150-13.9% | $16,237-99.2% | $170-24.1% |