Sign up free to preview peer percentile detail
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 ... | $664 |
Employer 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 | $16,111 | $53,412-69.8% | $68,509-76.5% | $52,331-69.2% |
| Participation rate | 99.3% | 71.7%+27.7pp | 74.7%+24.6pp | 68.1%+31.2pp |
| Annual return | 19.42% | 3.42%+16.0pp | 8.27%+11.2pp | 4.54%+14.9pp |
| Employer contribution / active EE | $0 | $1,607-100.0% | $2,278-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $2,403 | $2,688-10.6% | $3,382-29.0% | $3,022-20.5% |
| Admin fee / account holder | $3 | $461-99.2% | $5,275-99.9% | $592-99.4% |