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 ... | $360 |
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 | $35,242 | $76,000-53.6% | $154,107-77.1% | $64,186-45.1% |
| Participation rate | 98.5% | 70.4%+28.1pp | 83.0%+15.5pp | 69.6%+28.9pp |
| Annual return | -3.96% | 30.32%-34.3pp | 735.12%-739.1pp | 7.63%-11.6pp |
| Employer contribution / active EE | $1,337 | $3,351-60.1% | $5,298-74.8% | $2,381-43.8% |
| Participant deferral / active EE | $4,890 | $3,175+54.0% | $5,081-3.7% | $3,470+40.9% |
| Admin fee / account holder | $2,973 | $5,596-46.9% | $13,411-77.8% | $4,888-39.2% |