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 | Account maintenance fees; Participant... | $2,255 |
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.
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 | $25,719 | $47,977-46.4% | $154,107-83.3% | $56,287-54.3% |
| Participation rate | 33.3% | 66.2%-32.8pp | 83.0%-49.7pp | 69.9%-36.5pp |
| Annual return | -5.74% | 3.54%-9.3pp | 735.12%-740.9pp | -9.96%+4.2pp |
| Employer contribution / active EE | $283 | $2,169-86.9% | $5,298-94.6% | $2,111-86.6% |
| Participant deferral / active EE | $813 | $2,392-66.0% | $5,081-84.0% | $3,350-75.7% |
| Admin fee / account holder | $8 | $438-98.1% | $13,411-99.9% | $521-98.4% |