Filed March 7, 2023 (most recent of 4 filings on file)
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 ... | $2,710 |
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 | $19,866 | $46,173-57.0% | $170,442-88.3% | $69,631-71.5% |
| Participation rate | 92.7% | 63.9%+28.8pp | 83.6%+9.1pp | 70.7%+22.0pp |
| Annual return | 10.71% | 21.62%-10.9pp | 205.93%-195.2pp | 27571.02%-27560.3pp |
| Employer contribution / active EE | $782 | $1,610-51.4% | $5,433-85.6% | $2,032-61.5% |
| Participant deferral / active EE | $1,296 | $2,080-37.7% | $4,939-73.8% | $3,224-59.8% |
| Admin fee / account holder | $7 | $116-93.6% | $13,880-99.9% | $110-93.3% |