Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-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; Recordkeepi... | $767 |
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.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,030 | $48,078-60.4% | $78,676-75.8% | $62,881-69.7% |
| Participation rate | 47.6% | 65.2%-17.6pp | 73.6%-25.9pp | 69.3%-21.7pp |
| Annual return | 7.64% | 31.36%-23.7pp | 62.19%-54.5pp | 20.14%-12.5pp |
| Employer contribution / active EE | $496 | $2,015-75.4% | $2,850-82.6% | $2,281-78.2% |
| Participant deferral / active EE | $1,358 | $2,587-47.5% | $3,517-61.4% | $3,203-57.6% |
| Admin fee / account holder | $783 | $3,206-75.6% | $4,510-82.6% | $4,296-81.8% |