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 Filed as: BETTERMENT FOR BUSINESS Service code 15 61 WEST 23RD STREET · NEW YORK, NY 10010 | Recordkeeping | $49,206 |
Service code 15 · EIN 62-1874769 | Recordkeeping | $6,761 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $29,038 | $26,114+11.2% | $58,482-50.3% | $74,419-61.0% |
| Participation rate | 18.2% | 32.1%-13.9pp | 50.9%-32.6pp | 70.7%-52.5pp |
| Annual return | 15.37% | 32.51%-17.1pp | 4239.32%-4223.9pp | 34.38%-19.0pp |
| Employer contribution / active EE | $435 | $536-18.8% | $1,053-58.7% | $2,637-83.5% |
| Participant deferral / active EE | $613 | $1,075-43.0% | $1,924-68.1% | $4,528-86.5% |
| Admin fee / account holder | $243 | $649-62.5% | $2,516-90.3% | $348-30.0% |