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| Provider | Service type | Compensation |
|---|---|---|
BETTERMENT FOR BUSINESS, LLC5 years Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $10,040 |
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 | $40,116 | $48,327-17.0% | $67,575-40.6% | $80,935-50.4% |
| Participation rate | 97.8% | 66.4%+31.4pp | 72.9%+24.9pp | 67.7%+30.2pp |
| Annual return | 16.51% | 18.31%-1.8pp | 3528.98%-3512.5pp | 35.66%-19.1pp |
| Employer contribution / active EE | $4,170 | $2,022+106.2% | $2,736+52.5% | $2,757+51.3% |
| Participant deferral / active EE | $7,558 | $2,927+158.2% | $4,003+88.8% | $4,299+75.8% |
| Admin fee / account holder | $64 | $3,692-98.3% | $3,993-98.4% | $6,924-99.1% |