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 ... | $858 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $18,187 | $55,453-67.2% | $170,442-89.3% | $62,292-70.8% |
| Participation rate | 52.2% | 66.4%-14.2pp | 83.6%-31.4pp | 69.5%-17.3pp |
| Annual return | 14.33% | 21.38%-7.0pp | 205.93%-191.6pp | 28.90%-14.6pp |
| Employer contribution / active EE | $456 | $2,164-78.9% | $5,433-91.6% | $2,042-77.7% |
| Participant deferral / active EE | $1,144 | $2,303-50.3% | $4,939-76.8% | $3,169-63.9% |
| Admin fee / account holder | $10 | $455-97.8% | $13,880-99.9% | $479-97.9% |