Filed July 20, 2006
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 | Participant loan processing; Recordke... | $1,509 |
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 | $44,463 | $51,708-14.0% | $106,619-58.3% | $62,891-29.3% |
| Participation rate | 81.7% | 66.9%+14.8pp | 78.0%+3.7pp | 69.3%+12.4pp |
| Annual return | 8.03% | 4.69%+3.3pp | 9.42%-1.4pp | 20.14%-12.1pp |
| Employer contribution / active EE | $784 | $1,764-55.6% | $3,947-80.1% | $2,281-65.6% |
| Participant deferral / active EE | $2,031 | $2,315-12.3% | $3,930-48.3% | $3,203-36.6% |
| Admin fee / account holder | $912 | $3,349-72.8% | $6,418-85.8% | $4,296-78.8% |