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 | Claims processing; Recordkeeping and ... | $332 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,250 | $84,233-47.5% | $170,442-74.0% | $70,131-36.9% |
| Participation rate | 55.0% | 70.8%-15.8pp | 83.6%-28.6pp | 69.5%-14.5pp |
| Annual return | 16.73% | 23.06%-6.3pp | 205.93%-189.2pp | 73.14%-56.4pp |
| Employer contribution / active EE | $701 | $3,387-79.3% | $5,433-87.1% | $2,342-70.1% |
| Participant deferral / active EE | $2,963 | $3,086-4.0% | $4,939-40.0% | $3,332-11.1% |
| Admin fee / account holder | $6,473 | $5,698+13.6% | $13,880-53.4% | $4,645+39.4% |