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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 | $102,422-57.4% | $147,117-70.3% | $80,959-46.1% |
| Participation rate | 81.8% | 75.9%+5.9pp | 82.2%-0.4pp | 67.7%+14.2pp |
| Annual return | 12.72% | 135.16%-122.4pp | 420.54%-407.8pp | 35.67%-22.9pp |
| Employer contribution / active EE | $4,403 | $3,717+18.5% | $4,932-10.7% | $2,757+59.7% |
| Participant deferral / active EE | $6,966 | $6,652+4.7% | $8,065-13.6% | $4,300+62.0% |
| Admin fee / account holder | $181 | $7,953-97.7% | $12,993-98.6% | $6,925-97.4% |