Annual Fees and Expenses Go Back
Mutual of America Institutional Funds, Inc. Fee table
This table describes the fees and expenses that you may pay if you buy and hold shares of the Funds. Annual operating expenses are shown as a percentage of average net assets and are based on actual operating expenses incurred by the Fund (before reimbursement) in 2015. Net expenses consist of investment management fees. The net expenses shown as percentages in the table below may be slightly higher or lower than the investment management fee percentages set forth in the prospectus due to rounding.
Fee Type Amount
Net Operating Expenses*
Equity Index Fund 0.13%
All America Fund 0.50%
Mid-Cap Equity Index Fund 0.13%
Small Cap Value Fund 0.85%
Small Cap Growth Fund 0.85%
Bond Fund 0.45%
Money Market Fund 0.20%
Shareholder Transaction Expenses None
Sales Charge
Front-end None
Back-end None
12b-1 None

*The Adviser contractually agreed beginning as of January 1, 2013, to limit each Fund's total operating expenses (excluding any extraordinary expenses that may arise and charges incurred in trading portfolio securities) to its investment management fees. This contractual obligation continues in effect until April 30, 2017, and will continue for each succeeding 12 month period thereafter, unless either the Investment Company gives not less than 30 days' written notice of termination to the Adviser or the Adviser gives written notice of termination to the Investment Company within a 45 day calendar period prior to the next May 1.

Beginning in 2009, the Adviser has waived a portion or all of the Money Market Fund's Management Fee (not to exceed 0.20%), and other expenses of the Fund for which the Adviser is entitled to reimbursement, to cause the cumulative monthly total investment returns, net of fees and expenses, to be no less than zero. This waiver is not permanent or contractual, is at the discretion of the Adviser, and may be revoked in whole or in part at any time. Upon such revocation, the fund will not be liable for the fees and expenses that were waived, but the full amount of these fees and expenses will be imposed from the time of revocation forward.

Before investing in Mutual of America Institutional Funds, Inc., you should consider the investment objectives, risks, charges and expenses carefully. This and other information is contained in the prospectus. Please read the prospectus carefully before investing. The prospectus can be obtained by calling 1-800-914-8716. Please note that an investment in the Institutional Funds is subject to investment risk and that your principal may increase or decrease.

Money Market Fund Investors: You could lose money by investing in the Fund. Because the share price of the Fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The Fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

Distributor, Mutual of America Securities LLC, member FINRA and SIPC.