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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MUTUAL OF AMERICA INVESTMENTS CORP Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $1,124 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,347 | $45,343-66.2% | $150,298-89.8% | $67,986-77.4% |
| Participation rate | 47.1% | 51.9%-4.7pp | 77.8%-30.6pp | 57.2%-10.1pp |
| Annual return | 8.69% | 33.28%-24.6pp | 62.79%-54.1pp | 31.67%-23.0pp |
| Employer contribution / active EE | $889 | $1,462-39.2% | $4,154-78.6% | $2,019-55.9% |
| Participant deferral / active EE | $1,293 | $2,055-37.1% | $5,453-76.3% | $3,358-61.5% |
| Admin fee / account holder | $3 | $2,250-99.9% | $14,116-100.0% | $3,203-99.9% |