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 9-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... | $1,448 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,939 | $84,233-82.3% | $170,442-91.2% | $70,131-78.7% |
| Participation rate | 93.9% | 70.8%+23.1pp | 83.6%+10.3pp | 69.5%+24.4pp |
| Annual return | 8.00% | 23.06%-15.1pp | 205.93%-197.9pp | 73.14%-65.1pp |
| Employer contribution / active EE | $563 | $3,387-83.4% | $5,433-89.6% | $2,342-76.0% |
| Participant deferral / active EE | $626 | $3,086-79.7% | $4,939-87.3% | $3,332-81.2% |
| Admin fee / account holder | $2,716 | $5,698-52.3% | $13,880-80.4% | $4,645-41.5% |