Filed December 27, 2011 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 · EIN 13-1614399 320 PARK AVENUE · NEW YORK, NY 10022 | Account maintenance fees; Claims proc... | $785 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $69,811 | $47,977+45.5% | $154,107-54.7% | $56,287+24.0% |
| Participation rate | 26.8% | 66.2%-39.4pp | 83.0%-56.3pp | 69.9%-43.1pp |
| Annual return | 8.38% | 3.54%+4.8pp | 735.12%-726.7pp | -9.96%+18.3pp |
| Employer contribution / active EE | $708 | $2,169-67.4% | $5,298-86.6% | $2,111-66.5% |
| Participant deferral / active EE | $1,359 | $2,392-43.2% | $5,081-73.2% | $3,350-59.4% |
| Admin fee / account holder | $8 | $438-98.2% | $13,411-99.9% | $521-98.5% |