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... | $1,714 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $11,263 | $62,928-82.1% | $172,739-93.5% | $67,579-83.3% |
| Participation rate | 60.6% | 64.5%-3.9pp | 82.6%-22.1pp | 71.3%-10.7pp |
| Annual return | 39.29% | 30.36%+8.9pp | 802.84%-763.6pp | 378.56%-339.3pp |
| Employer contribution / active EE | $1,097 | $1,636-33.0% | $5,143-78.7% | $2,148-48.9% |
| Participant deferral / active EE | $166 | $2,145-92.2% | $5,198-96.8% | $3,539-95.3% |
| Admin fee / account holder | $114 | $167-31.5% | $13,954-99.2% | $142-19.8% |