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 | Recordkeeping and information managem... | $1,182 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $37,751 | $52,467-28.0% | $57,179-34.0% | $55,167-31.6% |
| Participation rate | 18.7% | 75.8%-57.1pp | 75.3%-56.6pp | 69.0%-50.3pp |
| Annual return | 0.81% | 7.72%-6.9pp | 14.59%-13.8pp | 169.23%-168.4pp |
| Employer contribution / active EE | $698 | $2,477-71.8% | $2,682-74.0% | $1,963-64.4% |
| Participant deferral / active EE | $1,687 | $2,830-40.4% | $3,096-45.5% | $3,054-44.8% |
| Admin fee / account holder | $11 | $269-96.1% | $3,139-99.7% | $504-97.9% |