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 | Participant loan processing; Recordke... | $992 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $21,085 | $76,000-72.3% | $154,107-86.3% | $64,186-67.1% |
| Participation rate | 67.3% | 70.4%-3.1pp | 83.0%-15.7pp | 69.6%-2.2pp |
| Annual return | -5.83% | 30.32%-36.1pp | 735.12%-740.9pp | 7.63%-13.5pp |
| Employer contribution / active EE | $976 | $3,351-70.9% | $5,298-81.6% | $2,381-59.0% |
| Participant deferral / active EE | $1,418 | $3,175-55.3% | $5,081-72.1% | $3,470-59.1% |
| Admin fee / account holder | $1,890 | $5,596-66.2% | $13,411-85.9% | $4,888-61.3% |