Transferring Your Retirement Plan to Mutual of America
Discussing a Transfer Plan Mutual of America is a full-service provider specializing in retirement plans for over 65 years. We understand plan sponsors' concerns about changing their retirement plan provider and are ready to assist with all aspects of the transition.

There are no brokers, third-party administrators or other middlemen that can drive up costs and delay service. We work directly with our clients.

Retirement plan transfers are handled by our Regional Office service team near you.

Dedicated Service Managers, with an average of over 17 years' experience each in the retirement plan industry, provide the local support and expertise required to ensure a smooth transition.

They are assisted by salaried Account and Customer Service Representatives who also provide on-site service for you and your employees. You won't have to rely on a "conversion" department located in a remote corporate office as with many other retirement plan providers.

You'll receive on-site assistance from the same licensed professionals who will also be responsible for the ongoing service for your retirement plan.

Established Procedures Proven Over Time
Mutual of America's local service representatives follow established procedures and processes to ensure your plan transfer is handled carefully, properly and effectively.

We work closely with your current provider to make certain key plan information such as hire date, salary and vesting records are entered accurately into Mutual of America's database.

In-depth procedures also address more complex issues such as loan activity under the prior service provider and Qualified Domestic Relations Orders (QDROs).

Our nationwide network of Regional Offices, and the documented procedures they follow, ensure a consistent, high level of support for your employees and plan administrators regardless of geographic boundaries. This is especially valuable for employers with multiple locations throughout the country.

The Expertise to Ensure a Seamless Execution of Your Plan Transfer

Assistance with plan document review for consistency and legislative updates as required.
Consulting services on plan design issues such as converting standard 401(k)/Profit-Sharing Plans to Safe-Harbor 401(k) Plans, or adding the Roth contribution provision.
Training for plan administrators, including our Internet-based plan administration system, Hotline Plus.
Effective communications programs for your employees.
Preparation of important employee notices (including Sarbanes-Oxley blackout notices, if applicable).
Coordination with you and your current service provider to keep you informed every step of the way.

Online Enrollment Makes it Easier to Change Providers and Administer Your Retirement Plan1
Transferring a retirement plan from another provider to Mutual of America is easy with our automated, online enrollment process. Advantages include:

Automated Data Transfers – Mutual of America uploads participant data from your prior carrier to our
online administration system, Hotline Plus.
Reduced Enrollment Errors – Through automated data feeds and participant verification of data.
Lower Administrative Costs – Eliminates time-consuming data entry for your administrative staff.
Plan Administrator Reports – You can track enrollment progress and results more efficiently.

Sample Timeline
The sample timeline in the chart below highlights the various events and timeframes for transferring your company's retirement plan and assets to Mutual of America. Timeframes are approximate and may vary depending upon circumstances.

Transfer Plan Details

Plan assets will be invested under Mutual of America's group variable annuity contract on the date Mutual of America receives the information required to allocate them to the participants' accounts. Plan assets transferred before the complete allocation instructions are provided will be held in a noninterest-bearing account at the direction of the plan sponsor.

We can help make your retirement plan even more valuable to you and your employees with:
Increased Participation – Our on-site seminars and engaging communications are designed to increase employee participation.
Enhanced Plan Features – Which can lead to increased employee satisfaction and a more productive workforce.
Streamlined Administration – So you can spend more time focused on your business objectives and less time on benefit administration.
Financial Strength and Stability – Mutual of America continues to be rated among the strongest life insurance companies in the industry by the major independent rating agencies.2

1Online enrollment is not available in Virginia.

2While these ratings do not apply to the safety or investment performance of the Separate Account investment funds available under Mutual of America's 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.

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