Filed December 13, 2017
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| 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; Recordke... | $919 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $13,450 | $55,453-75.7% | $170,442-92.1% | $62,292-78.4% |
| Participation rate | 74.8% | 66.4%+8.4pp | 83.6%-8.8pp | 69.5%+5.3pp |
| Annual return | 12.43% | 21.38%-8.9pp | 205.93%-193.5pp | 28.90%-16.5pp |
| Employer contribution / active EE | $878 | $2,164-59.4% | $5,433-83.8% | $2,042-57.0% |
| Participant deferral / active EE | $751 | $2,303-67.4% | $4,939-84.8% | $3,169-76.3% |
| Admin fee / account holder | $9 | $455-98.1% | $13,880-99.9% | $479-98.2% |