401(k) and 403(b)
Plan Premiums
($ MILLIONS)
2016
2017
2018
2019
2020
Total Assets
($ BILLIONS)
2016
2017
2018
2019
2020
Client Retention Rate
2020
97.6%
401(k) and 403(b) Plan Premiums 5‑year CAGR*
2020
7.5%
Benefits Paid
2020
$2.4 Billion
Total Surplus
2020
$838 Million
Number of 401(k) and 403(b) Plans
2020
4,400
Number of 401(k) and 403(b) Plan Participants
2020
425,000
Independent ratings†
†
While these ratings do not apply to the safety or investment performance of the Separate Account investment options available under Mutual of America’s variable annuity products or Mutual of America’s non-insurance, non annuity products, they do reflect the Company’s ability to fulfill its General Account obligations, which include its obligations under the Interest Accumulation Account, annuity purchase rate guarantees and annuity benefit payouts, as well as life insurance and disability income payments. Third party ratings are subject to change.
A.M. Best, S&P Global Ratings and Fitch Ratings are independent rating agencies. S&P® is a trademark of Standard & Poor’s Financial Services LLC.
*Compound Annual Growth Rate.
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