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, LLC7 years Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $222,539 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,913 | $107,459-62.9% | $135,903-70.6% | $80,160-50.2% |
| Participation rate | 37.0% | 78.0%-41.1pp | 81.9%-44.9pp | 72.9%-35.9pp |
| Annual return | 18.23% | 91.91%-73.7pp | 68.23%-50.0pp | 40.38%-22.2pp |
| Employer contribution / active EE | $1,280 | $3,877-67.0% | $4,856-73.7% | $2,978-57.0% |
| Participant deferral / active EE | $2,765 | $8,195-66.3% | $7,758-64.4% | $5,017-44.9% |
| Admin fee / account holder | $121 | $127-5.0% | $10,762-98.9% | $145-16.8% |