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... | $771 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,578 | $61,272-38.7% | $149,673-74.9% | $71,457-47.4% |
| Participation rate | 41.5% | 62.5%-21.0pp | 78.8%-37.3pp | 67.9%-26.4pp |
| Annual return | 21.76% | 35.85%-14.1pp | 134.42%-112.7pp | 28.85%-7.1pp |
| Employer contribution / active EE | $735 | $2,378-69.1% | $4,818-84.7% | $2,588-71.6% |
| Participant deferral / active EE | $896 | $2,917-69.3% | $5,680-84.2% | $4,289-79.1% |
| Admin fee / account holder | $7 | $1,261-99.5% | $13,210-99.9% | $1,587-99.6% |