Filed October 27, 2003
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION5+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $164,385 |
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $4,165 |
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 13 320 PARK AVENUE · NEW YORK, NY 10022 | Contract Administrator | $419 |
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $63,533 | $47,456+33.9% | $172,757-63.2% | $77,775-18.3% |
| Participation rate | 83.7% | 66.3%+17.4pp | 82.6%+1.0pp | 73.2%+10.4pp |
| Annual return | 18.14% | 35.57%-17.4pp | 803.06%-784.9pp | 32.58%-14.4pp |
| Employer contribution / active EE | $1,454 | $1,574-7.6% | $5,144-71.7% | $2,504-41.9% |
| Participant deferral / active EE | $4,510 | $2,560+76.2% | $5,198-13.2% | $3,966+13.7% |
| Admin fee / account holder | $64 | $81-20.9% | $13,956-99.5% | $100-36.1% |