Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| 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... | $5,327 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,360 | $37,213-64.1% | $156,551-91.5% | $63,975-79.1% |
| Participation rate | 42.8% | 65.0%-22.2pp | 84.0%-41.3pp | 71.1%-28.4pp |
| Annual return | 7.12% | 47.89%-40.8pp | 32.23%-25.1pp | 48.65%-41.5pp |
| Employer contribution / active EE | $433 | $1,357-68.1% | $5,501-92.1% | $2,182-80.2% |
| Participant deferral / active EE | $373 | $2,070-82.0% | $4,871-92.3% | $3,356-88.9% |
| Admin fee / account holder | $9 | $56-83.4% | $13,028-99.9% | $70-86.7% |