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, LLC4 years Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $124,009 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $49,137 | $127,481-61.5% | $149,696-67.2% | $90,288-45.6% |
| Participation rate | 42.6% | 78.2%-35.6pp | 82.5%-39.9pp | 73.4%-30.8pp |
| Annual return | 16.05% | 57.78%-41.7pp | 276.60%-260.6pp | 53.97%-37.9pp |
| Employer contribution / active EE | $1,789 | $3,448-48.1% | $4,644-61.5% | $2,524-29.1% |
| Participant deferral / active EE | $3,881 | $6,975-44.4% | $6,842-43.3% | $4,232-8.3% |
| Admin fee / account holder | $159 | $152+5.0% | $9,309-98.3% | $114+39.6% |