Filed December 17, 2002
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 |
|---|---|---|
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $457 |
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 | $18,807 | $41,854-55.1% | $73,843-74.5% | $52,331-64.1% |
| Participation rate | 64.6% | 66.2%-1.6pp | 73.4%-8.8pp | 68.1%-3.5pp |
| Annual return | 2.84% | 2.11%+0.7pp | 2267.84%-2265.0pp | 4.54%-1.7pp |
| Employer contribution / active EE | $334 | $1,920-82.6% | $2,787-88.0% | $1,882-82.2% |
| Participant deferral / active EE | $703 | $2,498-71.9% | $3,583-80.4% | $3,022-76.7% |
| Admin fee / account holder | $3 | $493-99.4% | $4,880-99.9% | $592-99.5% |