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 |
|---|---|---|
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.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,470 | $65,061-37.8% | $143,757-71.8% | $66,914-39.5% |
| Participation rate | 26.1% | 65.2%-39.1pp | 80.3%-54.2pp | 69.8%-43.7pp |
| Annual return | 9.80% | -11.14%+20.9pp | -0.04%+9.8pp | 1.58%+8.2pp |
| Employer contribution / active EE | $0 | $2,361-100.0% | $4,951-100.0% | $2,544-100.0% |
| Participant deferral / active EE | $322 | $2,919-89.0% | $5,637-94.3% | $4,237-92.4% |
| Admin fee / account holder | $2 | $502-99.5% | $14,673-100.0% | $593-99.6% |