Filed December 12, 2005
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 ... | $956 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,150 | $46,869-3.7% | $122,332-63.1% | $70,131-35.6% |
| Participation rate | 97.5% | 58.2%+39.3pp | 71.6%+25.8pp | 69.5%+27.9pp |
| Annual return | 14.62% | 24.22%-9.6pp | 30.27%-15.6pp | 73.14%-58.5pp |
| Employer contribution / active EE | $2,008 | $1,288+56.0% | $4,050-50.4% | $2,342-14.3% |
| Participant deferral / active EE | $2,121 | $2,166-2.1% | $3,287-35.5% | $3,332-36.3% |
| Admin fee / account holder | $4,378 | $3,322+31.8% | $5,478-20.1% | $4,645-5.8% |