Plan Ledger DOL Form 5500 · updated monthly

Better Holdco, Inc.401(k)

BETTER HOLDCO, INC. 401(K) PLAN · NEW YORK, NY · plan year 2022

Reported admin expense ratio · 2022
0.28%

Better Holdco, Inc. reported $193,679 in plan administrative expenses for 2022: 0.28% of average plan assets, higher than ~75% of peers. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,267th-largest of 5,648 plans among New York employers on file, and the 1,536th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$56,031,554
Participants with balances2,717
Active participants590
Employer contributions—
Employee contributions$16,389,761
Employer contribution per active participant—
Average account balance$20,623
Benefits paid to participants$30,709,843
Plan auditUnmodified (clean) audit opinion
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$193,679 · 0.28%
Similar plansFinance & Insurance · New York
Rosenthal & Rosenthal Inc. NY$57.1M · 0.02%
Cifc Asset Management LLC NY$56.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473750777 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.