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... | $1,013 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,256 | $58,879-45.2% | $178,490-81.9% | $73,488-56.1% |
| Participation rate | 36.8% | 66.2%-29.4pp | 81.9%-45.1pp | 70.7%-33.8pp |
| Annual return | 13.20% | 24.86%-11.7pp | 151.07%-137.9pp | 28.51%-15.3pp |
| Employer contribution / active EE | $677 | $2,236-69.7% | $5,011-86.5% | $2,270-70.2% |
| Participant deferral / active EE | $791 | $2,567-69.2% | $5,202-84.8% | $3,740-78.9% |
| Admin fee / account holder | $9 | $400-97.9% | $13,984-99.9% | $513-98.3% |