Filed April 13, 2023 (most recent of 2 filings on file)
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 Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $1,062 |
Participant contribution per participant 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 | $11,476 | $46,173-75.1% | $170,442-93.3% | $69,631-83.5% |
| Participation rate | 79.1% | 63.9%+15.2pp | 83.6%-4.5pp | 70.7%+8.4pp |
| Annual return | 69.60% | 21.62%+48.0pp | 205.93%-136.3pp | 27571.02%-27501.4pp |
| Employer contribution / active EE | $838 | $1,610-47.9% | $5,433-84.6% | $2,032-58.7% |
| Participant deferral / active EE | $329 | $2,080-84.2% | $4,939-93.3% | $3,224-89.8% |
| Admin fee / account holder | $0 | $116-100.0% | $13,880-100.0% | $110-100.0% |