Filed April 18, 2016
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 | Participant loan processing; Claims p... | $1,124 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $15,404 | $76,000-79.7% | $154,107-90.0% | $64,186-76.0% |
| Participation rate | 94.8% | 70.4%+24.4pp | 83.0%+11.8pp | 69.6%+25.3pp |
| Annual return | 7.24% | 30.32%-23.1pp | 735.12%-727.9pp | 7.63%-0.4pp |
| Employer contribution / active EE | $722 | $3,351-78.4% | $5,298-86.4% | $2,381-69.7% |
| Participant deferral / active EE | $1,336 | $3,175-57.9% | $5,081-73.7% | $3,470-61.5% |
| Admin fee / account holder | $9 | $5,596-99.8% | $13,411-99.9% | $4,888-99.8% |