Filed April 9, 2025
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Claims processing; Participant loan p... | $6,811 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,196 | $46,173-71.4% | $170,435-92.3% | $69,631-81.0% |
| Participation rate | 80.2% | 63.9%+16.3pp | 83.6%-3.4pp | 70.7%+9.5pp |
| Annual return | 16.77% | 21.62%-4.9pp | 205.94%-189.2pp | 27571.02%-27554.3pp |
| Employer contribution / active EE | $1,185 | $1,610-26.4% | $5,432-78.2% | $2,032-41.7% |
| Participant deferral / active EE | $950 | $2,080-54.3% | $4,939-80.8% | $3,224-70.5% |
| Admin fee / account holder | $7 | $116-93.8% | $13,881-99.9% | $110-93.5% |