Filed July 1, 1994
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 | Recordkeeping and information managem... | $1,154 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
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 | $12,159 | $39,859-69.5% | $78,689-84.5% | $57,658-78.9% |
| Participation rate | 37.0% | 66.1%-29.1pp | 73.6%-36.6pp | 70.2%-33.3pp |
| Annual return | 8.45% | 18.96%-10.5pp | 62.18%-53.7pp | 5.13%+3.3pp |
| Employer contribution / active EE | $175 | $1,786-90.2% | $2,851-93.9% | $1,974-91.2% |
| Participant deferral / active EE | $729 | $2,248-67.6% | $3,517-79.3% | $3,061-76.2% |
| Admin fee / account holder | $7 | $76-90.4% | $4,510-99.8% | $95-92.2% |