Filed November 8, 2010
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 12 320 PARK AVENUE · NEW YORK, NY 10022 | Participant loan processing; Claims p... | $5,886 |
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $18,981 | $46,100-58.8% | $86,590-78.1% | $69,631-72.7% |
| Participation rate | 90.6% | 67.2%+23.4pp | 73.5%+17.1pp | 70.7%+19.9pp |
| Annual return | 12.88% | 21.02%-8.1pp | 964.84%-952.0pp | 27571.02%-27558.1pp |
| Employer contribution / active EE | $1,444 | $1,850-21.9% | $2,839-49.1% | $2,032-28.9% |
| Participant deferral / active EE | $2,026 | $2,432-16.7% | $3,609-43.9% | $3,224-37.2% |
| Admin fee / account holder | $38 | $94-59.3% | $4,906-99.2% | $110-65.4% |