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 | Participant loan processing; Recordke... | $2,267 |
Participant 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.
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 | $11,859 | $72,177-83.6% | $115,037-89.7% | $59,632-80.1% |
| Participation rate | 98.2% | 72.6%+25.6pp | 81.4%+16.8pp | 68.7%+29.5pp |
| Annual return | -1.59% | 12.02%-13.6pp | 26.14%-27.7pp | 2041.28%-2042.9pp |
| Employer contribution / active EE | $2,966 | $2,841+4.4% | $4,608-35.6% | $2,203+34.7% |
| Participant deferral / active EE | $892 | $4,783-81.4% | $6,026-85.2% | $3,192-72.1% |
| Admin fee / account holder | $14 | $4,927-99.7% | $8,175-99.8% | $4,297-99.7% |