Betterworks Systems, Inc.401(k)
BETTERWORKS SYSTEMS, INC. 401K PLAN · MENLO PARK, CA · plan year 2022
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Betterworks Systems, Inc. reported $1,421 in plan administrative expenses for 2022: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 per active participant. 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (7,363rd of 9,483), and 10,148th of 11,654 in professional & technical services.
Betterworks Systems, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 463600525 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.