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| Provider | Service type | Compensation |
|---|---|---|
BETTERMENT FOR BUSINESS, LLC2 years Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $31,090 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,778 | $99,957-73.2% | $149,730-82.1% | $73,493-63.6% |
| Participation rate | 96.4% | 75.7%+20.7pp | 82.5%+13.9pp | 70.7%+25.7pp |
| Annual return | 17.70% | 53.87%-36.2pp | 276.70%-259.0pp | 28.51%-10.8pp |
| Employer contribution / active EE | $0 | $3,191-100.0% | $4,645-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $8,691 | $6,073+43.1% | $6,843+27.0% | $3,740+132.4% |
| Admin fee / account holder | $117 | $551-78.8% | $9,310-98.7% | $513-77.2% |