About Betterment at Work
<p>Betterment at Work is a retirement plan administrator that runs workplace retirement programs with a tech-first recordkeeping platform. Founded in 2009 and headquartered in New York City, it works with employers across the United States, with a focus on straightforward setup and day-to-day plan operations.</p> <p>As part of Betterment LLC, an SEC-registered investment advisor and FINRA member, the at-work division handles 401(k) plan administration with built-in compliance support. The firm also offers plan design help and 3(38) investment management services for sponsors that want an outside fiduciary to run the investment lineup.</p> <p>On the administration side, Betterment at Work covers daily monitoring and annual testing, and it supports payroll integrations with more than 350 providers. The company reports 2,000 clients as of 2025 and has 466 employees.</p> <p>What sets Betterment at Work apart is how tightly its recordkeeping, compliance tasks, and payroll connections are packaged into one system, reducing the number of vendors a sponsor needs to coordinate.</p> <ul> <li>Recordkeeping and 401(k) plan administration</li> <li>Compliance support, including annual testing</li> <li>Fiduciary audit support</li> <li>3(38) investment management services</li> <li>Plan design and setup</li> </ul>
Website: https://www.betterment.com/work
Founded: 2009
Employees: 466
Office Locations
- New York, NY (Headquarters)
Services Offered
- Fiduciary Audit Services
- Compliance Services
- Recordkeeping
- 3(38) Investment Manager
- Plan Design Consulting
Client Statistics (2025)
- Total Clients: 2,000
- Total AUM: $30.0M
Products & Pricing
- Pro: $150 base fee, $7/employee, 25 bps AUM fee
- Essential: $100 base fee, $5/employee, 25 bps AUM fee