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| 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) | $0 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,198 | $108,912-59.4% | $100,383-56.0% | $145,959-69.7% |
| Participation rate | 93.3% | 83.0%+10.4pp | 81.5%+11.8pp | 80.3%+13.0pp |
| Annual return | 14.20% | 57.96%-43.8pp | 49.26%-35.1pp | 561.95%-547.7pp |
| Employer contribution / active EE | $7,403 | $4,423+67.4% | $3,944+87.7% | $4,661+58.8% |
| Participant deferral / active EE | $25,488 | $8,451+201.6% | $8,086+215.2% | $6,689+281.1% |
| Admin fee / account holder | $75 | $9,690-99.2% | $7,900-99.1% | $13,398-99.4% |