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 | Claims processing; Recordkeeping and ... | $5,097 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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 | $17,159 | $54,237-68.4% | $90,281-81.0% | $67,579-74.6% |
| Participation rate | 68.9% | 68.6%+0.2pp | 73.3%-4.4pp | 71.3%-2.4pp |
| Annual return | 25.73% | 37.27%-11.5pp | 78.10%-52.4pp | 378.56%-352.8pp |
| Employer contribution / active EE | $480 | $1,846-74.0% | $2,854-83.2% | $2,148-77.6% |
| Participant deferral / active EE | $668 | $2,625-74.6% | $3,885-82.8% | $3,539-81.1% |
| Admin fee / account holder | $7 | $123-94.0% | $5,351-99.9% | $142-94.8% |