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... | $11,715 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $226,090 | $110,699+104.2% | $177,821+27.1% | $90,288+150.4% |
| Participation rate | 99.4% | 88.3%+11.0pp | 87.7%+11.6pp | 73.4%+26.0pp |
| Annual return | 25.56% | 22.79%+2.8pp | 48.32%-22.8pp | 53.97%-28.4pp |
| Employer contribution / active EE | $2,997 | $4,118-27.2% | $5,918-49.4% | $2,524+18.7% |
| Participant deferral / active EE | $9,701 | $6,731+44.1% | $7,714+25.8% | $4,232+129.2% |
| Admin fee / account holder | $0 | $90-100.0% | $12,427-100.0% | $114-100.0% |