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 4-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 | Recordkeeping and information managem... | $4,915 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $7,743 | $48,076-83.9% | $78,689-90.2% | $62,891-87.7% |
| Participation rate | 97.0% | 65.2%+31.8pp | 73.6%+23.5pp | 69.3%+27.7pp |
| Annual return | 1.59% | 31.35%-29.8pp | 62.18%-60.6pp | 20.14%-18.6pp |
| Employer contribution / active EE | $334 | $2,015-83.4% | $2,851-88.3% | $2,281-85.4% |
| Participant deferral / active EE | $1,096 | $2,588-57.7% | $3,517-68.8% | $3,203-65.8% |
| Admin fee / account holder | $13 | $3,207-99.6% | $4,510-99.7% | $4,296-99.7% |