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; Participant... | $2,842 |
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
See 2 reportable transactions. $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.
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,014 | $47,722-56.0% | $82,719-74.6% | $64,808-67.6% |
| Participation rate | 62.1% | 67.6%-5.5pp | 72.6%-10.4pp | 71.5%-9.3pp |
| Annual return | -10.38% | -13.05%+2.7pp | 701.18%-711.6pp | 32.82%-43.2pp |
| Employer contribution / active EE | $759 | $2,179-65.1% | $3,009-74.8% | $2,506-69.7% |
| Participant deferral / active EE | $644 | $3,329-80.7% | $4,395-85.3% | $4,310-85.1% |
| Admin fee / account holder | $4 | $143-97.0% | $5,329-99.9% | $188-97.7% |