Generally the accuracy is poor if you want the actions to function. The reason being that bullet is too light to give sufficient gasport pressures to function the action at an accurate velocity. Better to use Lymans 311299/314299 over a medium powder like 4895 and keep the velocity down in the 1850-1950 fps range. Accuracy can be very good then. The more pointy, spitzer shaped bullets generally have a shorter bearing surface and do not shoot well at higher velocities. A bullet with long bearing surface and minimal nose is best like a Lovern design.
Caveat; if you have an M1A with a 12" twist then you may get reasonable accuracy with the lee bullet in the 2000-2100 fps range. I get very good accuracy at 2300 fps in mine with 160 gr 311466, a Lovern design. There is a LBT 154 gr bullet that holds promiss in the 2300+ fps range in the 12" twist M1A barrels also.
Larry Gibson