Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS

This Profit Sharing plan holds $435M in total assets and serves 1,051 participants as of 2024. It is sponsored by MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS in New York. The plan reported positive net income of $23M for the year.

Total Assets (2023)
$435M
Participants
1,051
State
Industry
Finance & Insurance

What the Filing Says About MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN

MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN is a Profit Sharing retirement plan sponsored by MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS, headquartered in New York. As of the 2024 Form 5500 filing, the plan reports $435M in total end-of-year assets and covers 1,051 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 131614399, and the plan has been effective since 1985-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $411M at the beginning of 2024 to $435M at year-end — a gain of 5.7%. Net assets (after liabilities) closed the year at $435M, with reported net income of $23M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$411M
Total Assets (End of Year)$435M
Net Assets (End of Year)$435M
Net Income$23M
Plan TypeProfit Sharing
Employer EIN131614399
Plan Effective Date1985-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS)

Year Plans Participants Total Assets
2022 2 1,943 $665M
2023 2 1,863 $708M
2024 2 1,869 $709M

Nearby Profit Sharing Plans in New York

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Frequently Asked Questions

How much money is in the MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN?
As of the 2024 Form 5500 filing, MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN holds $435M in total assets with 1,051 participants. It is sponsored by MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS.
What type of plan is MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN?
MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN is a Profit Sharing plan. It has been effective since 1985-07-01. The plan is filed with the U.S. Department of Labor under EIN 131614399.
Who sponsors the MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN?
MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN is sponsored by MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS, located in New York. The sponsor's EIN is 131614399 and the plan operates in the Finance & Insurance industry.
How did MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN perform in 2024?
MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN grew by 5.7% during 2024, moving from $411M to $435M in total assets. Net income was $23M.
Where can I find official filings for MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN?
Official Form 5500 filings for MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 131614399 or plan name at efast.dol.gov.
How does MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN compare to other plans?
You can compare MUTUAL OF AMERICA LIFE INSURANCE COMPANY SAVINGS PLAN against other Profit Sharing plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 131614399.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.