Filed March 9, 2023
Total covered: 20 employees
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 |
|---|---|---|
MUTUAL OF AMERICA INVESTMENT CORP10+ years Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 · EIN 52-0784063 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $2,247 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,565 | $61,058-84.3% | $71,209-86.6% | $85,563-88.8% |
| Participation rate | 76.6% | 58.6%+18.0pp | 73.8%+2.8pp | 66.0%+10.6pp |
| Annual return | 19.73% | 100.41%-80.7pp | 282.51%-262.8pp | 31.51%-11.8pp |
| Employer contribution / active EE | $383 | $2,199-82.6% | $2,721-85.9% | $2,654-85.6% |
| Participant deferral / active EE | $1,256 | $3,173-60.4% | $4,175-69.9% | $4,375-71.3% |
| Admin fee / account holder | $6 | $855-99.3% | $5,349-99.9% | $834-99.3% |