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 LIFE INSURANCE CO Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $3,578 |
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 | $11,163 | $37,196-70.0% | $154,107-92.8% | $55,725-80.0% |
| Participation rate | 80.5% | 64.1%+16.4pp | 83.0%-2.5pp | 70.9%+9.7pp |
| Annual return | -4.33% | 1319.68%-1324.0pp | 735.12%-739.5pp | 244.93%-249.3pp |
| Employer contribution / active EE | $882 | $1,614-45.4% | $5,298-83.4% | $2,078-57.6% |
| Participant deferral / active EE | $447 | $2,068-78.4% | $5,081-91.2% | $3,356-86.7% |
| Admin fee / account holder | $9 | $102-91.4% | $13,411-99.9% | $115-92.4% |