Filed January 28, 2015 (most recent of 2 filings on file)
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; Participant loan p... | $17,841 |
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.
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 | $5,201 | $37,213-86.0% | $156,549-96.7% | $63,975-91.9% |
| Participation rate | 88.8% | 65.0%+23.8pp | 84.0%+4.8pp | 71.1%+17.7pp |
| Annual return | 8.60% | 47.89%-39.3pp | 32.23%-23.6pp | 48.65%-40.0pp |
| Employer contribution / active EE | $1 | $1,357-99.9% | $5,501-100.0% | $2,182-100.0% |
| Participant deferral / active EE | $890 | $2,070-57.0% | $4,871-81.7% | $3,356-73.5% |
| Admin fee / account holder | $9 | $56-83.4% | $13,027-99.9% | $70-86.7% |