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, LLC2 years Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $42,438 |
Service code 15 · EIN 62-1874769 | Recordkeeping | $0 |
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 | $46,347 | $35,197+31.7% | $53,898-14.0% | $102,872-54.9% |
| Participation rate | 7.2% | 29.6%-22.4pp | 55.0%-47.8pp | 73.0%-65.9pp |
| Annual return | 20.26% | 17.55%+2.7pp | 528.60%-508.3pp | 19.06%+1.2pp |
| Employer contribution / active EE | $160 | $713-77.6% | $932-82.9% | $3,526-95.5% |
| Participant deferral / active EE | $243 | $1,333-81.8% | $1,826-86.7% | $5,535-95.6% |
| Admin fee / account holder | $211 | $834-74.7% | $2,491-91.5% | $292-27.7% |