Filed October 18, 2004
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 9-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 Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Investment management; Participant lo... | $228 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,286 | $61,272-32.6% | $149,673-72.4% | $71,457-42.2% |
| Participation rate | 30.5% | 62.5%-32.0pp | 78.8%-48.2pp | 67.9%-37.4pp |
| Annual return | 12.23% | 35.85%-23.6pp | 134.42%-122.2pp | 28.85%-16.6pp |
| Employer contribution / active EE | $768 | $2,378-67.7% | $4,818-84.1% | $2,588-70.3% |
| Participant deferral / active EE | $996 | $2,917-65.8% | $5,680-82.5% | $4,289-76.8% |
| Admin fee / account holder | $2 | $1,261-99.8% | $13,210-100.0% | $1,587-99.9% |