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 ... | $1,011 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $27,694 | $52,953-47.7% | $172,739-84.0% | $65,185-57.5% |
| Participation rate | 32.1% | 66.2%-34.0pp | 82.6%-50.5pp | 70.2%-38.1pp |
| Annual return | 14.61% | 30.12%-15.5pp | 802.84%-788.2pp | 29.38%-14.8pp |
| Employer contribution / active EE | $545 | $2,190-75.1% | $5,143-89.4% | $2,177-75.0% |
| Participant deferral / active EE | $751 | $2,471-69.6% | $5,198-85.6% | $3,514-78.6% |
| Admin fee / account holder | $9 | $472-98.1% | $13,954-99.9% | $847-99.0% |