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 LIFE INSURANCE CO Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Claims processing; Recordkeeping and ... | $6,467 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,479 | $52,953-85.9% | $172,739-95.7% | $65,185-88.5% |
| Participation rate | 99.2% | 66.2%+33.0pp | 82.6%+16.6pp | 70.2%+29.0pp |
| Annual return | 4.85% | 30.12%-25.3pp | 802.84%-798.0pp | 29.38%-24.5pp |
| Employer contribution / active EE | $821 | $2,190-62.5% | $5,143-84.0% | $2,177-62.3% |
| Participant deferral / active EE | $947 | $2,471-61.7% | $5,198-81.8% | $3,514-73.0% |
| Admin fee / account holder | $8 | $472-98.3% | $13,954-99.9% | $847-99.1% |