Filed November 27, 2024 (most recent of 3 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 9-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 | Claims processing; Recordkeeping and ... | $3,033 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $14,090 | $46,173-69.5% | $170,442-91.7% | $69,631-79.8% |
| Participation rate | 94.7% | 63.9%+30.8pp | 83.6%+11.1pp | 70.7%+24.0pp |
| Annual return | 29.04% | 21.62%+7.4pp | 205.93%-176.9pp | 27571.02%-27542.0pp |
| Employer contribution / active EE | $1,197 | $1,610-25.6% | $5,433-78.0% | $2,032-41.1% |
| Participant deferral / active EE | $776 | $2,080-62.7% | $4,939-84.3% | $3,224-75.9% |
| Admin fee / account holder | $7 | $116-94.1% | $13,880-100.0% | $110-93.9% |