Mutual of America
Mutual of America
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Mutual of America

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Mutual of America

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.

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

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.

Mutual of America is the majority owner of its corporate headquarters building at 320 Park Avenue, which it purchased in 1992. 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.

Mutual of America Financial Group was founded in 1945. It specialized in retirement products for nonprofit organizations.

In 1976, Mutual of America moved its headquarters into 62,000 square feet (5,800 m2) at 666 Fifth Avenue. In 1992, Mutual of America bought a 34-story building at 320 Park Avenue in New York from Olympia and York for $130 million, and turned it into the Mutual of America building. The building had been occupied by ITT Inc. up until 1990. The building's redesign was managed by Swanke Hayden Connell Architects.

In 1971, William Flynn became the president of Mutual of America. He became the CEO the following year, and the chairman in 1982.

In 2005, he became the company chairman emeritus of Mutual of America.

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