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 | Recordkeeping and information managem... | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $10,293 | $47,977-78.5% | $154,107-93.3% | $56,287-81.7% |
| Participation rate | 92.7% | 66.2%+26.6pp | 83.0%+9.7pp | 69.9%+22.9pp |
| Annual return | 6.06% | 3.54%+2.5pp | 735.12%-729.1pp | -9.96%+16.0pp |
| Employer contribution / active EE | $294 | $2,169-86.4% | $5,298-94.4% | $2,111-86.1% |
| Participant deferral / active EE | $1,364 | $2,392-43.0% | $5,081-73.1% | $3,350-59.3% |
| Admin fee / account holder | $1 | $438-99.8% | $13,411-100.0% | $521-99.8% |