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 |
|---|---|---|
Service code 37 · EIN 35-0145825 | Loan Processing | $1,413 |
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 · EIN 13-1614399 | Participant loan processing; Account ... | $426 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $17,891 | $55,453-67.7% | $170,435-89.5% | $62,293-71.3% |
| Participation rate | 36.2% | 66.4%-30.2pp | 83.6%-47.4pp | 69.5%-33.3pp |
| Annual return | 22.44% | 21.38%+1.1pp | 205.94%-183.5pp | 28.90%-6.5pp |
| Employer contribution / active EE | $0 | $2,164-100.0% | $5,432-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $1,413 | $2,303-38.6% | $4,939-71.4% | $3,169-55.4% |
| Admin fee / account holder | $5 | $455-98.8% | $13,881-100.0% | $479-98.9% |