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 | Recordkeeping and information managem... | $8,776 |
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.
Annual investment return 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 | $26,006 | $50,982-49.0% | $154,803-83.2% | $85,563-69.6% |
| Participation rate | 40.2% | 59.8%-19.5pp | 78.1%-37.8pp | 66.0%-25.7pp |
| Annual return | 10.94% | 30.35%-19.4pp | 58.88%-47.9pp | 31.51%-20.6pp |
| Employer contribution / active EE | $211 | $1,708-87.6% | $4,305-95.1% | $2,654-92.0% |
| Participant deferral / active EE | $1,362 | $2,474-45.0% | $5,540-75.4% | $4,375-68.9% |
| Admin fee / account holder | $9 | $846-99.0% | $14,329-99.9% | $834-99.0% |