Filed August 18, 2020 (most recent of 2 filings on file)
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 9-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 ... | $11,474 |
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 | $14,710 | $46,100-68.1% | $86,590-83.0% | $69,631-78.9% |
| Participation rate | 86.5% | 67.2%+19.4pp | 73.5%+13.0pp | 70.7%+15.9pp |
| Annual return | 16.19% | 21.02%-4.8pp | 964.84%-948.7pp | 27571.02%-27554.8pp |
| Employer contribution / active EE | $792 | $1,850-57.2% | $2,839-72.1% | $2,032-61.0% |
| Participant deferral / active EE | $739 | $2,432-69.6% | $3,609-79.5% | $3,224-77.1% |
| Admin fee / account holder | $13 | $94-86.6% | $4,906-99.7% | $110-88.6% |