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... | $30 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $12,794 | $84,233-84.8% | $170,442-92.5% | $70,131-81.8% |
| Participation rate | 39.2% | 70.8%-31.7pp | 83.6%-44.4pp | 69.5%-30.4pp |
| Annual return | 12.70% | 23.06%-10.4pp | 205.93%-193.2pp | 73.14%-60.4pp |
| Employer contribution / active EE | $358 | $3,387-89.4% | $5,433-93.4% | $2,342-84.7% |
| Participant deferral / active EE | $1,293 | $3,086-58.1% | $4,939-73.8% | $3,332-61.2% |
| Admin fee / account holder | $15 | $5,698-99.7% | $13,880-99.9% | $4,645-99.7% |