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 ... | $1,037 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $43,554 | $61,156-28.8% | $185,823-76.6% | $79,386-45.1% |
| Participation rate | 40.6% | 66.6%-26.0pp | 81.7%-41.1pp | 70.7%-30.1pp |
| Annual return | 12.24% | 19.45%-7.2pp | 122.05%-109.8pp | 116.85%-104.6pp |
| Employer contribution / active EE | $815 | $2,321-64.9% | $5,167-84.2% | $2,427-66.4% |
| Participant deferral / active EE | $919 | $2,789-67.1% | $5,568-83.5% | $4,046-77.3% |
| Admin fee / account holder | $10 | $710-98.5% | $16,237-99.9% | $626-98.3% |