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) | $30,765 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,380 | $136,307-68.9% | $177,821-76.2% | $73,488-42.3% |
| Participation rate | 93.3% | 86.1%+7.2pp | 87.7%+5.6pp | 70.7%+22.6pp |
| Annual return | 152.73% | 18.68%+134.0pp | 48.32%+104.4pp | 28.51%+124.2pp |
| Employer contribution / active EE | $1,876 | $3,712-49.5% | $5,918-68.3% | $2,270-17.4% |
| Participant deferral / active EE | $3,277 | $5,829-43.8% | $7,714-57.5% | $3,740-12.4% |
| Admin fee / account holder | $138 | $596-76.8% | $12,427-98.9% | $513-73.1% |