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 | Claims processing; Participant loan p... | $13,609 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $168,718 | $89,274+89.0% | $149,718+12.7% | $77,958+116.4% |
| Participation rate | 98.7% | 87.6%+11.1pp | 87.1%+11.7pp | 71.6%+27.1pp |
| Annual return | 14.43% | 20.36%-5.9pp | 1501.63%-1487.2pp | 20.87%-6.4pp |
| Employer contribution / active EE | $2,780 | $3,727-25.4% | $5,445-48.9% | $2,310+20.3% |
| Participant deferral / active EE | $8,531 | $5,382+58.5% | $6,569+29.9% | $3,537+141.2% |
| Admin fee / account holder | $0 | $240-100.0% | $11,283-100.0% | $97-100.0% |