Filed June 7, 2013
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
BETTERMENT FOR BUSINESS, LLC2 years Service code 15 · EIN 47-4872674 61 W 23RD ST FL 4 · NEW YORK, NY 10010 | Recordkeeping | $83,533 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,131 | $75,388-61.4% | $123,544-76.4% | $55,725-47.7% |
| Participation rate | 42.1% | 75.7%-33.6pp | 82.3%-40.2pp | 70.9%-28.7pp |
| Annual return | -11.45% | 4.48%-15.9pp | 119.20%-130.6pp | 244.93%-256.4pp |
| Employer contribution / active EE | $1,541 | $3,063-49.7% | $4,628-66.7% | $2,078-25.8% |
| Participant deferral / active EE | $3,274 | $5,651-42.1% | $6,426-49.1% | $3,356-2.4% |
| Admin fee / account holder | $129 | $120+8.0% | $9,284-98.6% | $115+12.3% |