Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| 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 ... | $742 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,522 | $80,753-79.5% | $136,298-87.9% | $62,293-73.5% |
| Participation rate | 89.8% | 73.5%+16.3pp | 81.9%+7.9pp | 69.5%+20.3pp |
| Annual return | 15.98% | 35.83%-19.9pp | 5156.27%-5140.3pp | 28.90%-12.9pp |
| Employer contribution / active EE | $2,663 | $2,884-7.7% | $4,696-43.3% | $2,042+30.4% |
| Participant deferral / active EE | $2,343 | $5,164-54.6% | $6,247-62.5% | $3,169-26.1% |
| Admin fee / account holder | $6 | $525-98.8% | $9,244-99.9% | $479-98.7% |