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 | Account maintenance fees; Recordkeepi... | $0 |
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.
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 | $15,216 | $76,000-80.0% | $154,107-90.1% | $64,186-76.3% |
| Participation rate | 44.9% | 70.4%-25.5pp | 83.0%-38.1pp | 69.6%-24.7pp |
| Annual return | 8.16% | 30.32%-22.2pp | 735.12%-727.0pp | 7.63%+0.5pp |
| Employer contribution / active EE | $381 | $3,351-88.6% | $5,298-92.8% | $2,381-84.0% |
| Participant deferral / active EE | $1,429 | $3,175-55.0% | $5,081-71.9% | $3,470-58.8% |
| Admin fee / account holder | $32 | $5,596-99.4% | $13,411-99.8% | $4,888-99.3% |