Filed December 13, 2017
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; Recordkeeping and ... | $1,084 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $10,510 | $47,977-78.1% | $154,107-93.2% | $56,287-81.3% |
| Participation rate | 79.8% | 66.2%+13.6pp | 83.0%-3.2pp | 69.9%+10.0pp |
| Annual return | -5.21% | 3.54%-8.8pp | 735.12%-740.3pp | -9.96%+4.7pp |
| Employer contribution / active EE | $948 | $2,169-56.3% | $5,298-82.1% | $2,111-55.1% |
| Participant deferral / active EE | $975 | $2,392-59.3% | $5,081-80.8% | $3,350-70.9% |
| Admin fee / account holder | $8 | $438-98.1% | $13,411-99.9% | $521-98.4% |