Filed May 29, 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; Participant loan p... | $21 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $96,941 | $55,002+76.2% | $59,878+61.9% | $56,287+72.2% |
| Participation rate | 68.0% | 75.9%-7.9pp | 74.7%-6.7pp | 69.9%-1.8pp |
| Annual return | -5.47% | 1.13%-6.6pp | 3.46%-8.9pp | -9.96%+4.5pp |
| Employer contribution / active EE | $3,141 | $2,448+28.3% | $2,722+15.4% | $2,111+48.8% |
| Participant deferral / active EE | $4,214 | $3,121+35.0% | $3,402+23.9% | $3,350+25.8% |
| Admin fee / account holder | $0 | $236-100.0% | $3,590-100.0% | $521-100.0% |