Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 4-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
BETTERMENT FOR BUSINESS, LLC2 years Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $11,012 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,289 | $54,193-62.6% | $93,669-78.3% | $77,714-73.9% |
| Participation rate | 48.9% | 63.9%-15.1pp | 68.7%-19.9pp | 70.6%-21.7pp |
| Annual return | 16.04% | 30.54%-14.5pp | 133.59%-117.5pp | 31.26%-15.2pp |
| Employer contribution / active EE | $1,587 | $1,168+35.9% | $2,424-34.5% | $2,727-41.8% |
| Participant deferral / active EE | $3,202 | $3,144+1.8% | $4,416-27.5% | $4,649-31.1% |
| Admin fee / account holder | $33 | $576-94.2% | $8,291-99.6% | $433-92.3% |