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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) | $37,050 |
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 | $63,795 | $77,472-17.7% | $100,392-36.5% | $80,935-21.2% |
| Participation rate | 97.6% | 76.9%+20.7pp | 81.5%+16.1pp | 67.7%+30.0pp |
| Annual return | 24.18% | 37.26%-13.1pp | 49.45%-25.3pp | 35.66%-11.5pp |
| Employer contribution / active EE | $1,584 | $2,800-43.4% | $3,941-59.8% | $2,757-42.5% |
| Participant deferral / active EE | $13,084 | $6,818+91.9% | $8,090+61.7% | $4,299+204.3% |
| Admin fee / account holder | $247 | $5,885-95.8% | $7,904-96.9% | $6,924-96.4% |