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 | Account maintenance fees; Recordkeepi... | $2,740 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $8,401 | $55,002-84.7% | $59,883-86.0% | $56,287-85.1% |
| Participation rate | 94.1% | 75.9%+18.2pp | 74.7%+19.4pp | 69.9%+24.2pp |
| Annual return | 4.15% | 1.13%+3.0pp | 3.46%+0.7pp | -9.96%+14.1pp |
| Employer contribution / active EE | $1,469 | $2,448-40.0% | $2,722-46.0% | $2,111-30.4% |
| Participant deferral / active EE | $754 | $3,121-75.9% | $3,402-77.8% | $3,350-77.5% |
| Admin fee / account holder | $14 | $236-93.9% | $3,591-99.6% | $521-97.2% |