See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| 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 ... | $672 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,437 | $84,233-81.7% | $170,442-90.9% | $70,131-78.0% |
| Participation rate | 75.3% | 70.8%+4.4pp | 83.6%-8.3pp | 69.5%+5.7pp |
| Annual return | 15.02% | 23.06%-8.0pp | 205.93%-190.9pp | 73.14%-58.1pp |
| Employer contribution / active EE | $1,058 | $3,387-68.8% | $5,433-80.5% | $2,342-54.8% |
| Participant deferral / active EE | $806 | $3,086-73.9% | $4,939-83.7% | $3,332-75.8% |
| Admin fee / account holder | $1,583 | $5,698-72.2% | $13,880-88.6% | $4,645-65.9% |