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 | Participant loan processing; Claims p... | $2,280 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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 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 | $15,863 | $55,453-71.4% | $170,442-90.7% | $62,292-74.5% |
| Participation rate | 50.0% | 66.4%-16.4pp | 83.6%-33.6pp | 69.5%-19.5pp |
| Annual return | 14.43% | 21.38%-7.0pp | 205.93%-191.5pp | 28.90%-14.5pp |
| Employer contribution / active EE | $260 | $2,164-88.0% | $5,433-95.2% | $2,042-87.3% |
| Participant deferral / active EE | $1,094 | $2,303-52.5% | $4,939-77.8% | $3,169-65.5% |
| Admin fee / account holder | $3 | $455-99.3% | $13,880-100.0% | $479-99.3% |