See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| 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... | $10,457 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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.
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 | $11,046 | $55,167-80.0% | $46,225-76.1% | $55,167-80.0% |
| Participation rate | 95.9% | 69.0%+26.9pp | 79.5%+16.4pp | 69.0%+26.9pp |
| Annual return | 3.41% | 169.23%-165.8pp | 7.57%-4.2pp | 169.23%-165.8pp |
| Employer contribution / active EE | $1,278 | $1,963-34.9% | $3,424-62.7% | $1,963-34.9% |
| Participant deferral / active EE | $1,684 | $3,054-44.9% | $3,776-55.4% | $3,054-44.9% |
| Admin fee / account holder | $333 | $504-33.9% | $3,519-90.5% | $504-33.9% |