Filed January 19, 2024
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 | Participant loan processing; Claims p... | $83 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $150,720 | $80,354+87.6% | $133,980+12.5% | $63,975+135.6% |
| Participation rate | 98.2% | 87.5%+10.7pp | 87.1%+11.1pp | 71.1%+27.0pp |
| Annual return | 9.24% | 13.11%-3.9pp | 29.30%-20.1pp | 48.65%-39.4pp |
| Employer contribution / active EE | $2,638 | $3,503-24.7% | $5,211-49.4% | $2,182+20.9% |
| Participant deferral / active EE | $8,143 | $5,239+55.4% | $6,282+29.6% | $3,356+142.6% |
| Admin fee / account holder | $0 | $69-100.0% | $9,324-100.0% | $70-100.0% |