Filed April 9, 2020 (most recent of 4 filings on file)
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 | Account maintenance fees; Recordkeepi... | $2,714 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $7,988 | $37,196-78.5% | $154,107-94.8% | $55,725-85.7% |
| Participation rate | 92.4% | 64.1%+28.3pp | 83.0%+9.4pp | 70.9%+21.5pp |
| Annual return | -2.15% | 1319.68%-1321.8pp | 735.12%-737.3pp | 244.93%-247.1pp |
| Employer contribution / active EE | $377 | $1,614-76.7% | $5,298-92.9% | $2,078-81.9% |
| Participant deferral / active EE | $928 | $2,068-55.1% | $5,081-81.7% | $3,356-72.4% |
| Admin fee / account holder | $4 | $102-96.1% | $13,411-100.0% | $115-96.6% |