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| Provider | Service type | Compensation |
|---|---|---|
BETTERMENT FOR BUSINESS, LLC3 years Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $19,809 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,913 | $101,672-57.8% | $147,117-70.8% | $74,478-42.4% |
| Participation rate | 96.8% | 75.5%+21.2pp | 82.2%+14.6pp | 67.2%+29.6pp |
| Annual return | 13.75% | 8757.83%-8744.1pp | 420.54%-406.8pp | 1370.56%-1356.8pp |
| Employer contribution / active EE | $2,899 | $3,813-24.0% | $4,932-41.2% | $2,626+10.4% |
| Participant deferral / active EE | $6,301 | $7,305-13.7% | $8,065-21.9% | $4,350+44.8% |
| Admin fee / account holder | $95 | $1,753-94.6% | $12,993-99.3% | $1,946-95.1% |