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.
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 |
|---|---|---|
LINCOLN NATIONAL CORPORATION8+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $175,030 |
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $3,525 |
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 13 320 PARK AVENUE · NEW YORK, NY 10022 | Contract Administrator | $236 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,847 | $45,000+35.2% | $143,757-57.7% | $77,904-21.9% |
| Participation rate | 90.3% | 66.8%+23.4pp | 80.3%+10.0pp | 73.7%+16.6pp |
| Annual return | -12.55% | 29.03%-41.6pp | -0.04%-12.5pp | 12.21%-24.8pp |
| Employer contribution / active EE | $1,571 | $1,870-16.0% | $4,951-68.3% | $2,848-44.8% |
| Participant deferral / active EE | $4,966 | $3,157+57.3% | $5,637-11.9% | $4,806+3.3% |
| Admin fee / account holder | $55 | $98-43.8% | $14,673-99.6% | $133-58.3% |