Filed March 25, 2014
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 | Claims processing; Recordkeeping and ... | $483 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $53,266 | $36,916+44.3% | $156,549-66.0% | $57,658-7.6% |
| Participation rate | 19.5% | 63.4%-43.9pp | 84.0%-64.5pp | 70.2%-50.7pp |
| Annual return | 9.34% | 12.38%-3.0pp | 32.23%-22.9pp | 5.13%+4.2pp |
| Employer contribution / active EE | $345 | $1,571-78.1% | $5,501-93.7% | $1,974-82.5% |
| Participant deferral / active EE | $449 | $1,926-76.7% | $4,871-90.8% | $3,061-85.3% |
| Admin fee / account holder | $4 | $82-95.8% | $13,027-100.0% | $95-96.3% |