Betterment at Work Rolls Out Plan Sponsor Dashboard With AI Benchmarking

Betterment at Work, the workplace retirement arm of robo-advisor Betterment, has released a redesigned dashboard for plan sponsors that centralizes administrative tasks and adds an AI-powered benchmarking tool. The new homepage offers personalized insights based on each sponsor's stage in the plan management lifecycle, including payroll integration status, action items, and support access.

The standout feature is the AI-enabled plan benchmarking tool. It reviews a plan's participation and average contribution rates and then provides comparisons against national averages. Sponsors can see where their plan stands and identify opportunities to improve employee engagement and savings behavior. The comparisons aim to assist with fiduciary responsibilities that require regular benchmarking of plan performance.

"Plan sponsors are being asked to manage increasingly complex retirement programs, often without dedicated internal resources," said Chelsey Lubin, Vice President of Client Experience at Betterment. "Our redesigned dashboard unifies tasks and showcases AI-powered benchmarking in one place so sponsors can focus on the actions that matter most for their employees' retirement outcomes."

The plan benchmarking tool is part of Betterment's broader enterprise AI strategy to deliver personalization at scale. It follows the recent launch of Betterment's AI Account Recommender for retail customers.

Betterment at Work provides modern, scalable 401(k) solutions for growing businesses, offering customizable plans, payroll integration, and built-in compliance. The platform is powered by the same technology behind Betterment, which manages over $70 billion in assets.