Filed May 13, 1997
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 | Recordkeeping and information managem... | $3,364 |
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 | $13,184 | $36,916-64.3% | $156,549-91.6% | $57,658-77.1% |
| Participation rate | 86.0% | 63.4%+22.6pp | 84.0%+2.0pp | 70.2%+15.8pp |
| Annual return | 9.66% | 12.38%-2.7pp | 32.23%-22.6pp | 5.13%+4.5pp |
| Employer contribution / active EE | $168 | $1,571-89.3% | $5,501-96.9% | $1,974-91.5% |
| Participant deferral / active EE | $801 | $1,926-58.4% | $4,871-83.5% | $3,061-73.8% |
| Admin fee / account holder | $9 | $82-88.7% | $13,027-99.9% | $95-90.2% |