Filed February 13, 2014
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 ... | $1,170 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $15,954 | $43,423-63.3% | $78,689-79.7% | $55,167-71.1% |
| Participation rate | 39.5% | 68.0%-28.5pp | 73.6%-34.0pp | 69.0%-29.5pp |
| Annual return | 7.39% | 11.53%-4.1pp | 62.18%-54.8pp | 169.23%-161.8pp |
| Employer contribution / active EE | $345 | $1,997-82.7% | $2,851-87.9% | $1,963-82.4% |
| Participant deferral / active EE | $855 | $2,509-65.9% | $3,517-75.7% | $3,054-72.0% |
| Admin fee / account holder | $12 | $416-97.0% | $4,510-99.7% | $504-97.5% |