Mutual of America

320 Park Avenue, New York, NY 10022-6839

Mutual of America Life Insurance provides retirement savings and employee benefit plans to small to midsized companies and to not-for-profit organizations, especially those involved in the health and social services fields. In addition to group pension and insurance plans, the company offers to indivudual investors IRAs, annuities, life and disability coverage, and about 35 separate account investment funds utilizing equity, fixed-income, retirement, asset allocation, and balanced strategies. Founded in 1945, Mutual of America operates throughout the US via a network of more than 35 regional field offices.

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3.4

Overall Excellence Rating

Industry

Financial Services

Category

Insurance Carriers

ESG/Ethical Impact

In 2021, Mutual of America took a significant step forward in evolving its retirement plan investment choices by introducing a new custodial trust platform offering retail mutual funds. The custodial trust platform is in addition to the Company’s new, advanced administration and recordkeeping technology. The new custodial trust platform provides plan sponsors with greater choice and flexibility in how they meet the unique plan demographics and investment needs of their employees. For example, the new platform includes a choice of ESG funds, wherein environmental, social and governance factors are integrated into the investment process. “For employers, choosing a retirement plan provider that offers a strong lineup of diverse investment options for plan participants is one of the most important fiduciary obligations they have as a plan sponsor,” said Stephen Rich, Chairman and CEO of Mutual of America Capital Management LLC, a registered investment adviser and an indirect, wholly owned subsidiary of Mutual of America Life Insurance Company.

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Awards Received

2023

Revenues

$1,700,000,000.00

Website Traffic

Employee Rating

2.7

Customer Rating

3.5

Company Size

1000-5000

ESG Risk Rating

3

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