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| Provider | Service type | Compensation |
|---|---|---|
BETTERMENT FOR BUSINESS, LLC8 years Service code 27 · EIN 47-4872674 8 W. 24TH STREET · NEW YORK, NY 10010 | Advisory (Plan) | $185,808 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $124,001 | $89,093+39.2% | $102,434+21.1% | $77,736+59.5% |
| Participation rate | 96.6% | 80.9%+15.6pp | 76.5%+20.1pp | 70.6%+26.0pp |
| Annual return | 13.14% | 25.03%-11.9pp | 29.46%-16.3pp | 31.26%-18.1pp |
| Employer contribution / active EE | $1,842 | $2,699-31.8% | $3,023-39.1% | $2,728-32.5% |
| Participant deferral / active EE | $13,701 | $5,147+166.2% | $5,055+171.0% | $4,651+194.6% |
| Admin fee / account holder | $358 | $236+51.8% | $9,462-96.2% | $433-17.4% |