Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| 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 ... | $2,125 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,329 | $69,631-88.0% | $56,429-85.2% | $69,631-88.0% |
| Participation rate | 92.0% | 70.7%+21.3pp | 80.0%+11.9pp | 70.7%+21.3pp |
| Annual return | 16.89% | 27571.02%-27554.1pp | 19.04%-2.1pp | 27571.02%-27554.1pp |
| Employer contribution / active EE | $650 | $2,032-68.0% | $3,405-80.9% | $2,032-68.0% |
| Participant deferral / active EE | $441 | $3,224-86.3% | $3,951-88.8% | $3,224-86.3% |
| Admin fee / account holder | $6 | $110-94.9% | $4,466-99.9% | $110-94.9% |