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 | Claims processing; Account maintenanc... | $1,420 |
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,667 | $76,000-79.4% | $154,107-89.8% | $64,186-75.6% |
| Participation rate | 98.5% | 70.4%+28.1pp | 83.0%+15.5pp | 69.6%+29.0pp |
| Annual return | 5.74% | 30.32%-24.6pp | 735.12%-729.4pp | 7.63%-1.9pp |
| Employer contribution / active EE | $564 | $3,351-83.2% | $5,298-89.3% | $2,381-76.3% |
| Participant deferral / active EE | $643 | $3,175-79.8% | $5,081-87.4% | $3,470-81.5% |
| Admin fee / account holder | $2,487 | $5,596-55.6% | $13,411-81.5% | $4,888-49.1% |