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 | Claims processing; Participant loan p... | $241 |
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.
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 | $40,470 | $65,125-37.9% | $143,797-71.9% | $66,949-39.6% |
| Participation rate | 26.1% | 65.2%-39.1pp | 80.3%-54.2pp | 69.8%-43.7pp |
| Annual return | 9.80% | -11.13%+20.9pp | -0.04%+9.8pp | 1.57%+8.2pp |
| Employer contribution / active EE | $0 | $2,362-100.0% | $4,952-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $322 | $2,920-89.0% | $5,638-94.3% | $4,239-92.4% |
| Admin fee / account holder | $2 | $503-99.5% | $14,679-100.0% | $594-99.6% |