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 7-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 Filed as: BETTERMENT FOR BUSINESS,LLC Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $8,006 |
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.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,593 | $101,499-70.8% | $147,005-79.9% | $74,546-60.3% |
| Participation rate | 60.8% | 75.5%-14.7pp | 82.2%-21.4pp | 67.2%-6.4pp |
| Annual return | 14.31% | 8732.34%-8718.0pp | 418.76%-404.5pp | 1366.03%-1351.7pp |
| Employer contribution / active EE | $0 | $3,811-100.0% | $4,934-100.0% | $2,624-100.0% |
| Participant deferral / active EE | $3,084 | $7,304-57.8% | $8,070-61.8% | $4,347-29.1% |
| Admin fee / account holder | $55 | $1,748-96.8% | $13,006-99.6% | $1,944-97.2% |