Filed February 5, 2020
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... | $2,211 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $27,564 | $55,453-50.3% | $170,442-83.8% | $62,292-55.8% |
| Participation rate | 98.0% | 66.4%+31.6pp | 83.6%+14.4pp | 69.5%+28.5pp |
| Annual return | 11.83% | 21.38%-9.5pp | 205.93%-194.1pp | 28.90%-17.1pp |
| Employer contribution / active EE | $645 | $2,164-70.2% | $5,433-88.1% | $2,042-68.4% |
| Participant deferral / active EE | $2,281 | $2,303-0.9% | $4,939-53.8% | $3,169-28.0% |
| Admin fee / account holder | $12 | $455-97.3% | $13,880-99.9% | $479-97.4% |