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| Provider | Service type | Compensation |
|---|---|---|
BETTERMENT FOR BUSINESS, LLC5 years Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $37,408 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,213 | $112,932-53.8% | $103,065-49.3% | $74,478-29.9% |
| Participation rate | 94.2% | 80.8%+13.5pp | 80.6%+13.7pp | 67.2%+27.0pp |
| Annual return | 19.10% | 23.24%-4.1pp | 23.95%-4.9pp | 1370.56%-1351.5pp |
| Employer contribution / active EE | $0 | $4,881-100.0% | $4,675-100.0% | $2,626-100.0% |
| Participant deferral / active EE | $15,435 | $7,279+112.0% | $6,625+133.0% | $4,350+254.8% |
| Admin fee / account holder | $101 | $1,707-94.1% | $9,349-98.9% | $1,946-94.8% |