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 5-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, LLC3 years Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $22,635 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,299 | $56,767-57.2% | $101,794-76.1% | $85,563-71.6% |
| Participation rate | 47.1% | 57.6%-10.5pp | 69.2%-22.1pp | 66.0%-18.9pp |
| Annual return | 28.98% | 17.76%+11.2pp | 30.53%-1.5pp | 31.51%-2.5pp |
| Employer contribution / active EE | $1,336 | $1,112+20.1% | $2,289-41.6% | $2,654-49.6% |
| Participant deferral / active EE | $2,690 | $2,720-1.1% | $4,084-34.1% | $4,375-38.5% |
| Admin fee / account holder | $54 | $1,098-95.1% | $8,777-99.4% | $834-93.5% |