Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 7-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 | Account maintenance fees; Claims proc... | $5,650 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $3,105 | $75,962-95.9% | $154,111-98.0% | $64,173-95.2% |
| Participation rate | 41.1% | 70.4%-29.3pp | 83.0%-41.9pp | 69.6%-28.5pp |
| Annual return | 0.00% | 30.32%-30.3pp | 735.18%-735.2pp | 7.63%-7.6pp |
| Employer contribution / active EE | $525 | $3,350-84.3% | $5,298-90.1% | $2,381-77.9% |
| Participant deferral / active EE | $1,103 | $3,175-65.2% | $5,081-78.3% | $3,470-68.2% |
| Admin fee / account holder | $346 | $5,589-93.8% | $13,411-97.4% | $4,887-92.9% |