Filed March 30, 2022 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 3-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| 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... | $5,144 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,783 | $50,637-59.0% | $86,582-76.0% | $62,293-66.6% |
| Participation rate | 93.7% | 67.9%+25.8pp | 73.5%+20.1pp | 69.5%+24.2pp |
| Annual return | 13.77% | 20.80%-7.0pp | 965.08%-951.3pp | 28.90%-15.1pp |
| Employer contribution / active EE | $1,226 | $2,075-40.9% | $2,839-56.8% | $2,042-39.9% |
| Participant deferral / active EE | $0 | $2,611-100.0% | $3,609-100.0% | $3,169-100.0% |
| Admin fee / account holder | $16 | $413-96.1% | $4,904-99.7% | $479-96.7% |