Filed September 2, 2009
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 | Claims processing; Recordkeeping and ... | $989 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,322 | $72,177-30.3% | $115,037-56.3% | $59,632-15.6% |
| Participation rate | 100.0% | 72.6%+27.4pp | 81.4%+18.6pp | 68.7%+31.3pp |
| Annual return | -0.69% | 12.02%-12.7pp | 26.14%-26.8pp | 2041.28%-2042.0pp |
| Employer contribution / active EE | $3,459 | $2,841+21.7% | $4,608-24.9% | $2,203+57.0% |
| Participant deferral / active EE | $3,849 | $4,783-19.5% | $6,026-36.1% | $3,192+20.6% |
| Admin fee / account holder | $6,327 | $4,927+28.4% | $8,175-22.6% | $4,297+47.2% |