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 | Recordkeeping and information managem... | $1,034 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,844 | $55,453-60.6% | $170,442-87.2% | $62,292-64.9% |
| Participation rate | 88.1% | 66.4%+21.8pp | 83.6%+4.5pp | 69.5%+18.6pp |
| Annual return | 16.72% | 21.38%-4.7pp | 205.93%-189.2pp | 28.90%-12.2pp |
| Employer contribution / active EE | $1,035 | $2,164-52.1% | $5,433-80.9% | $2,042-49.3% |
| Participant deferral / active EE | $1,359 | $2,303-41.0% | $4,939-72.5% | $3,169-57.1% |
| Admin fee / account holder | $1,480 | $455+225.2% | $13,880-89.3% | $479+208.7% |