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| Provider | Service type | Compensation |
|---|---|---|
BETTERMENT FOR BUSINESS, LLC4 years Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $76,644 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,339 | $110,483-35.4% | $145,433-50.9% | $79,634-10.4% |
| Participation rate | 78.3% | 71.1%+7.2pp | 82.1%-3.9pp | 62.5%+15.8pp |
| Annual return | 36.27% | 24.62%+11.6pp | 66.58%-30.3pp | 36.46%-0.2pp |
| Employer contribution / active EE | $0 | $4,053-100.0% | $4,554-100.0% | $2,529-100.0% |
| Participant deferral / active EE | $14,601 | $7,216+102.3% | $7,897+84.9% | $3,835+280.8% |
| Admin fee / account holder | $109 | $680-83.9% | $13,129-99.2% | $1,002-89.1% |