See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $11,297 |
Filed as: MUTUAL OF AMERICA Service code 12 320 PARK AVE · NEW YORK, NY 10022 | Claims processing; Account maintenanc... | $1,303 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,475 | $50,815-49.9% | $155,509-83.6% | $77,643-67.2% |
| Participation rate | 27.8% | 63.1%-35.3pp | 78.2%-50.4pp | 70.6%-42.8pp |
| Annual return | 16.21% | 34.80%-18.6pp | 64.67%-48.5pp | 31.24%-15.0pp |
| Employer contribution / active EE | $196 | $1,993-90.2% | $4,672-95.8% | $2,726-92.8% |
| Participant deferral / active EE | $1,074 | $2,822-61.9% | $5,626-80.9% | $4,647-76.9% |
| Admin fee / account holder | $44 | $437-89.9% | $15,912-99.7% | $430-89.7% |