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 Service code 12 · EIN 13-1614399 | Participant loan processing; Recordke... | $2,113 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,045 | $50,815-52.7% | $155,509-84.5% | $77,643-69.0% |
| Participation rate | 46.6% | 63.1%-16.5pp | 78.2%-31.6pp | 70.6%-23.9pp |
| Annual return | 13.15% | 34.80%-21.7pp | 64.67%-51.5pp | 31.24%-18.1pp |
| Employer contribution / active EE | $230 | $1,993-88.5% | $4,672-95.1% | $2,726-91.6% |
| Participant deferral / active EE | $1,593 | $2,822-43.6% | $5,626-71.7% | $4,647-65.7% |
| Admin fee / account holder | $3 | $437-99.4% | $15,912-100.0% | $430-99.4% |