Filed December 30, 1993
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 | $20,061 |
Filed as: MUTUAL OF AMERICA INVESTMENT CORP. Service code 12 320 PARK AVENUE · NEW YORK, NY 10022 | Recordkeeping and information managem... | $8,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $48,511 | $50,815-4.5% | $155,509-68.8% | $77,643-37.5% |
| Participation rate | 52.3% | 63.1%-10.8pp | 78.2%-25.8pp | 70.6%-18.2pp |
| Annual return | 9.59% | 34.80%-25.2pp | 64.67%-55.1pp | 31.24%-21.6pp |
| Employer contribution / active EE | $1,041 | $1,993-47.8% | $4,672-77.7% | $2,726-61.8% |
| Participant deferral / active EE | $921 | $2,822-67.3% | $5,626-83.6% | $4,647-80.2% |
| Admin fee / account holder | $26 | $437-94.1% | $15,912-99.8% | $430-94.0% |