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 ... | $1,298 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $17,605 | $50,637-65.2% | $86,590-79.7% | $62,292-71.7% |
| Participation rate | 43.1% | 67.9%-24.8pp | 73.5%-30.4pp | 69.5%-26.4pp |
| Annual return | 13.11% | 20.80%-7.7pp | 964.84%-951.7pp | 28.90%-15.8pp |
| Employer contribution / active EE | $361 | $2,075-82.6% | $2,839-87.3% | $2,042-82.3% |
| Participant deferral / active EE | $826 | $2,611-68.4% | $3,609-77.1% | $3,169-73.9% |
| Admin fee / account holder | $13 | $413-96.9% | $4,906-99.7% | $479-97.3% |