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 | Recordkeeping and information managem... | $802 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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).
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 | $11,681 | $84,233-86.1% | $170,442-93.1% | $70,131-83.3% |
| Participation rate | 15.9% | 70.8%-54.9pp | 83.6%-67.7pp | 69.5%-53.6pp |
| Annual return | 12.19% | 23.06%-10.9pp | 205.93%-193.7pp | 73.14%-60.9pp |
| Employer contribution / active EE | $1,185 | $3,387-65.0% | $5,433-78.2% | $2,342-49.4% |
| Participant deferral / active EE | $637 | $3,086-79.4% | $4,939-87.1% | $3,332-80.9% |
| Admin fee / account holder | $9 | $5,698-99.8% | $13,880-99.9% | $4,645-99.8% |