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... | $924 |
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 | $20,326 | $43,423-53.2% | $78,689-74.2% | $55,167-63.2% |
| Participation rate | 57.4% | 68.0%-10.6pp | 73.6%-16.2pp | 69.0%-11.6pp |
| Annual return | 6.05% | 11.53%-5.5pp | 62.18%-56.1pp | 169.23%-163.2pp |
| Employer contribution / active EE | $305 | $1,997-84.7% | $2,851-89.3% | $1,963-84.5% |
| Participant deferral / active EE | $728 | $2,509-71.0% | $3,517-79.3% | $3,054-76.2% |
| Admin fee / account holder | $6 | $416-98.5% | $4,510-99.9% | $504-98.8% |