Filed June 12, 2015
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 ... | $7,976 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $12,154 | $35,955-66.2% | $78,210-84.5% | $69,631-82.5% |
| Participation rate | 98.3% | 67.2%+31.2pp | 68.7%+29.6pp | 70.7%+27.6pp |
| Annual return | 15.86% | 16.42%-0.6pp | 40.90%-25.0pp | 27571.02%-27555.2pp |
| Employer contribution / active EE | $776 | $1,244-37.6% | $2,034-61.9% | $2,032-61.8% |
| Participant deferral / active EE | $1,791 | $2,107-15.0% | $2,823-36.6% | $3,224-44.5% |
| Admin fee / account holder | $16 | $86-81.9% | $3,758-99.6% | $110-85.9% |