Mutual of America

Mutual of America Financial Group
Company typeMutual
IndustryFinancial services: Retirement
Founded1945
HeadquartersNew York City, United States
Area served
United States
Key people
Stephen J. Rich (Chairman and CEO)
RevenueIncrease$2.785 billion USD (2022)[1]
Decrease-$72 million[2]
Number of employees
Increase1,146[1] (2022)
Websitewww.mutualofamerica.com

Mutual of America Life Insurance Company is an American provider of retirement services and investments to employers, employees and individuals. Founded in 1945, the company provides products and services to help its customers build and preserve assets.[3]

Mutual of America is a Fortune 1000 mutual company headquartered in Manhattan, New York City.[4]

The company had $26.4 billion in total assets under administration and served more than 500,000 401(k) and 403(b) retirement plan participants from more than 5,000 clients nationwide, as of December 31, 2023.[5]

Mutual of America is the majority owner of its corporate headquarters building at 320 Park Avenue, which it purchased in 1992.[6] The company also has a corporate campus and training center in Boca Raton, FL, which it opened in 1988. It has nearly 60 Regional Offices and affiliate offices throughout the U.S., including in New York City, Boston, Atlanta, Chicago, Minneapolis, Denver, Dallas, Phoenix, Los Angeles and San Francisco.[7]

  1. ^ a b "Mutual of America Life Insurance". Fortune. Retrieved 2019-03-03.
  2. ^ Fitch Revises Mutual of America's Outlook to Negative; Affirms IFS at 'A' Fitch Ratings. Accessed July 11, 2023.
  3. ^ "Learn More About Mutual of America Financial Group | Mutual of America". www.mutualofamerica.com. Retrieved 2024-03-20.
  4. ^ "2022 Fortune 1000 Companies Spreadsheet Download". Fueled. 2022-07-07. Retrieved 2024-04-04.
  5. ^ "Mutual of America 2023 Annual Report" (PDF).
  6. ^ "Mutual of America". STO Building Group. Retrieved 2024-04-04.
  7. ^ "Mutual of America Office Locator Map".