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 | Claims processing; Recordkeeping and ... | $682 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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 | $18,631 | $41,854-55.5% | $73,843-74.8% | $52,331-64.4% |
| Participation rate | 41.2% | 66.2%-25.0pp | 73.4%-32.2pp | 68.1%-26.9pp |
| Annual return | -0.83% | 2.11%-2.9pp | 2267.84%-2268.7pp | 4.54%-5.4pp |
| Employer contribution / active EE | $670 | $1,920-65.1% | $2,787-75.9% | $1,882-64.4% |
| Participant deferral / active EE | $621 | $2,498-75.1% | $3,583-82.7% | $3,022-79.4% |
| Admin fee / account holder | $6 | $493-98.7% | $4,880-99.9% | $592-98.9% |