Betterment at Work vs. Guideline
Compare 401(k) providers across fees, investments, employee experience and service & support.
| Betterment at Work | Guideline | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Fees | |||||||||
| Ongoing Administrative (Paid by employer) | Essential:
$100/month + $5/participant/month Pro: |
Core: Flex: |
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| Estimated fund fees (Paid by employee) | 0.06%1 |
0.07%2 |
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| Investment management (Paid by employee) | 0.25% on assets annually |
0.08% on assets annually ($0.80 for every $1,000) |
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| Terminated participant fee | None |
$4/month (after 90 days)2 |
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| Investments | |||||||||
| Funds | Indexed Exchange Traded Funds (ETFs) |
Indexed Mutual Funds |
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| Portfolios | 7 strategies with customizable risk levels , plus the Flexible Portfolio Strategy |
1 strategy, plus customized participant strategies |
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| Customizable risk | 101 risk levels |
6 levels |
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| Automatic allocation adjustments (Glidepath feature) | Yes, for some portfolios |
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| Flexibility | Participants may choose their own allocation |
Participants may choose their own allocation | |||||||
| Socially responsible investments | 3 managed portfolio strategies: Broad Impact, |
2 large cap equity mutual funds |
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| Qualified default investment | Core - globally diversified managed ETF portfolio |
A managed mutual fund portfolio | |||||||
| Additional investment strategies | Innovative Technology, Socially Responsible (3), Goldman Sachs Smart Beta, BlackRock Target Income, Flexible Portfolio Strategy |
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| Employee Experience | |||||||||
| Platform scope | Financial advice across all investing and savings goals: 401(k), 529 Education Savings Other financial goals |
Focus exclusively on retirement 401(k) , |
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| External account syncing | |||||||||
| Personalized retirement planning tools | |||||||||
| Tax coordination strategies | |||||||||
| Access to human advisors | For financial advisory services, additional fees apply for use in the Pro plan. Services not available in the Essential plan.
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| Service and support | |||||||||
| 3(38) Investment Fiduciary | |||||||||
| 3(16) Administrative Fiduciary | |||||||||
| Automated compliance support | |||||||||
| Online signup process | |||||||||
| Access to onboarding support team | |||||||||
| Payroll integrations | 15 |
8 |
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