Betterment | Human Interest | ||||||||
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Fees | |||||||||
Administrative (Employer)⁴ | $125/mo + $4/ppt/mo⁵ |
$120-$150 per month base fee + $4-$8 per employee per month |
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Lower administrative costs with increasing participant count⁶ | |||||||||
Estimated fund fees (Employees) | 0.06%⁷ |
0.07% average fund fees |
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Investment management (Employees) | 0.25% on assets annually ($2.50 for every $1K) |
0.50% of assets annually ($5.00 for every $1K) |
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COVID-19 Related Fee Waivers | |||||||||
Investments | |||||||||
Funds | Indexed Exchange Traded Funds (ETFs) |
Mutual Funds |
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Personalized Advice for All Employees | |||||||||
Additional portfolio strategies | |||||||||
Funds with sales changes or 12b-1 fees¹ | |||||||||
Number of individuals involved in investment advisory services ¹ | 16 |
2 | |||||||
Employee Experience | |||||||||
Platform scope | Holistic advice across all saving and investing goals |
401(k) only | |||||||
External account syncing | |||||||||
Personalized retirement planning tools | |||||||||
Tax coordination strategies to help maximize returns | |||||||||
Access to human advisors² | |||||||||
Service and support | |||||||||
Investment, administrative, and compliance support | |||||||||
3(38) Investment Fiduciary | Standard |
Additional cost³ | |||||||
3(16) Administrative Fiduciary | Standard |
Additional cost³ | |||||||
Online signup process | |||||||||
Automated compliance support |