Filed November 9, 2005 (most recent of 2 filings on file)
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 AVE · NEW YORK, NY 10022 | Participant loan processing; Recordke... | $1,672 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,268 | $58,290-34.3% | $98,442-61.1% | $86,799-55.9% |
| Participation rate | 24.4% | 68.3%-43.9pp | 73.3%-49.0pp | 72.3%-47.9pp |
| Annual return | 14.90% | 43.48%-28.6pp | 1492.73%-1477.8pp | 97.91%-83.0pp |
| Employer contribution / active EE | $393 | $2,008-80.4% | $2,960-86.7% | $2,405-83.7% |
| Participant deferral / active EE | $751 | $3,152-76.2% | $4,276-82.4% | $4,131-81.8% |
| Admin fee / account holder | $11 | $138-92.2% | $5,949-99.8% | $170-93.7% |