Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-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 | Recordkeeping and information managem... | $924 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $12,983 | $73,102-82.2% | $123,553-89.5% | $56,289-76.9% |
| Participation rate | 47.2% | 74.3%-27.1pp | 82.3%-35.1pp | 69.9%-22.7pp |
| Annual return | 3.48% | 3.01%+0.5pp | 119.21%-115.7pp | -9.96%+13.4pp |
| Employer contribution / active EE | $835 | $2,977-72.0% | $4,628-82.0% | $2,111-60.5% |
| Participant deferral / active EE | $1,550 | $5,423-71.4% | $6,426-75.9% | $3,350-53.7% |
| Admin fee / account holder | $9 | $554-98.3% | $9,284-99.9% | $521-98.2% |