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 |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $26,851 |
Filed as: MUTUAL OF AMERICA LIFE INSURANCE CO Service code 12 · EIN 13-1614399 | Claims processing; Account maintenanc... | $120 |
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.
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 | $24,175 | $52,953-54.3% | $172,739-86.0% | $65,185-62.9% |
| Participation rate | 31.9% | 66.2%-34.3pp | 82.6%-50.7pp | 70.2%-38.3pp |
| Annual return | 26.08% | 30.12%-4.0pp | 802.84%-776.8pp | 29.38%-3.3pp |
| Employer contribution / active EE | $0 | $2,190-100.0% | $5,143-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $1,558 | $2,471-36.9% | $5,198-70.0% | $3,514-55.7% |
| Admin fee / account holder | $5 | $472-99.0% | $13,954-100.0% | $847-99.5% |