Filed March 10, 2015
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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; Claims proc... | $5,396 |
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 | $15,465 | $43,999-64.9% | $79,464-80.5% | $55,725-72.2% |
| Participation rate | 76.5% | 66.9%+9.6pp | 73.3%+3.2pp | 70.9%+5.6pp |
| Annual return | -1.52% | 1.81%-3.3pp | 718.14%-719.7pp | 244.93%-246.4pp |
| Employer contribution / active EE | $597 | $1,830-67.4% | $2,800-78.7% | $2,078-71.3% |
| Participant deferral / active EE | $792 | $2,538-68.8% | $3,704-78.6% | $3,356-76.4% |
| Admin fee / account holder | $8 | $118-93.1% | $5,113-99.8% | $115-93.0% |