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| Provider | Service type | Compensation |
|---|---|---|
BETTERMENT FOR BUSINESS, LLC3 years Filed as: BETTERMENT HOLDINGS, INC. Service code 64 8 W 24TH STREET · NEW YORK, NY 10010 | Recordkeeping Fees | $20,598 |
ASCENSUS LLC3 years Filed as: DWC ERISA CONSULTANTS LLC Service code 13 PO BOX 241267 · ST. PAUL, MN 55124 | Contract Administrator | $3,231 |
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 | $43,656 | $102,382-57.4% | $147,005-70.3% | $80,874-46.0% |
| Participation rate | 81.8% | 75.8%+6.0pp | 82.2%-0.3pp | 67.6%+14.2pp |
| Annual return | 12.72% | 134.89%-122.2pp | 418.76%-406.0pp | 35.62%-22.9pp |
| Employer contribution / active EE | $4,403 | $3,715+18.5% | $4,934-10.8% | $2,756+59.8% |
| Participant deferral / active EE | $6,966 | $6,646+4.8% | $8,070-13.7% | $4,297+62.1% |
| Admin fee / account holder | $181 | $7,942-97.7% | $13,006-98.6% | $6,935-97.4% |