Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Client Compliance Counsel

(Philadelphia PA / CT / DE / MA / NJ / NY / RI)

Gallagher logo

Senior Retirement Account Representative

Ohio Pension Services
(Akron OH)

Ohio Pension Services logo

Senior Plan Document & Compliance Specialist

PCS Retirement, LLC

PCS Retirement, LLC logo

Pension Administrator

Actuaries Unlimited, Inc.

Actuaries Unlimited, Inc. logo

Associate Consultant / Retirement Plan Administration

Spectrum Pension Consultants, Inc.
(Tacoma WA)

Spectrum Pension Consultants, Inc. logo

Senior Plan Administrator

PCS Retirement, LLC

PCS Retirement, LLC logo

401(k) Plan Administrator

CRI TPA Services
(Remote / AL / FL / GA / KY / LA / MS / NC / NM / TN / TX)

CRI TPA Services logo

Relationship Manager - Retirement Plans

Spectrum Investment Advisors, Inc.
(Thiensville WI)

Spectrum Investment Advisors, Inc. logo

Legal Assistant/Paralegal

Witman Stadtmauer, P.A.
(Florham Park NJ)

Consultant / Retirement Plan Administration

Spectrum Pension Consultants, Inc.
(Remote / Tacoma WA)

Spectrum Pension Consultants, Inc. logo

Retirement Plan Benefits Consultant

Compass Retirement Consulting Group
(Remote / Stratham NH)

Compass Retirement Consulting Group logo

DC Plan Administrator

Farmer & Betts, Inc.
(Remote / CO / OR / WA)

Farmer & Betts, Inc. logo

Loan and Distribution / Contribution Upload Specialist

Aimpoint Pension

Aimpoint Pension logo

Relationship Manager

Compass Retirement Consulting Group, Inc./Compass 360, LLC
(Remote / Stratham NH / MA)

Compass Retirement Consulting Group, Inc./Compass 360, LLC logo

Pension Administrator

National Administration, Inc.
(Remote / Menasha WI)

National Administration, Inc. logo

Plan Compliance Analyst (Administrator)

(Remote / Falls Church VA)

RPA logo

Retirement Plan Administrator

Excellent TPA

Defined Contribution Account Manager with a Life!

Nova 401(k) Associates
(Remote / Houston TX / Dallas TX / Scottsdale AZ)

Nova 401(k) Associates logo

Retirement Plan Administrator

Premier Plan Consultants
(Remote / San Diego CA)

Premier Plan Consultants logo

Investment Advisor

SWBC Retirement Plan Services
(Austin TX)

SWBC Retirement Plan Services logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

Press Releases by Date   |   Press Releases by Company Name

View More Press Releases by Betterment

Press Release

Betterment's 401(k) Business Partners with Benefits Platform Lumity

Issued by Betterment

June 13, 2021

Lumity customers will have access to Betterment's low-fee, tech-forward retirement planning and financial wellness benefits

NEW YORK, June 10, 2021  -- Betterment's 401(k) business today announced a partnership with Lumity, a modern employee benefits and health insurance marketplace. Beginning today, Betterment will serve as Lumity's preferred 401(k) partner, allowing Lumity clients to quickly and easily provide their employees with access to Betterment's retirement plan and wide suite of financial wellness tools. Lumity customers will enjoy not only one of the lowest 401(k) fees in the industry, but will also receive a discount on their monthly plan participant fee for two years — an added financial benefit and part of Betterment's commitment to increasing transparency and accessibility to retirement planning.

As mid-sized businesses scale, a key way to support workers and attract talent is to provide a high quality, cost-effective employee benefits package. In partnership with Betterment, Lumity is making it simple for employers to find and offer a great 401(k) that lets employees plan for retirement in full view of their other financial goals. Lumity is dedicated to connecting businesses with the leading providers across the full spectrum of benefits — from 401(k)s to health insurance, ancillary benefits, and more.

"Lumity has created a truly modern benefits experience for tech-forward, fast-growing businesses. We share this commitment with Lumity and are excited to partner with them, as a testament to a mutual relationship that has been growing for years," said Kristen Carlisle, General Manager of Betterment for Business. "Our goals are very complementary — we're both focused on supporting the wellbeing of employees and ensuring that companies can reward workers with the top benefits in the industry. By working with Lumity, we can continue to increase access to financial wellness and retirement security."

Supporting employee health, both financially and physically, is something that has become even more important to employers over the past year. A 2020 survey from PWC found that finances are the top source of stress in many employees' lives, and millions of Americans continue to struggle with medical debt, an issue that only deepened during COVID-19. The financial and health issues that many consumers have faced during the pandemic have made it clear to businesses that top-notch retirement planning and health insurance benefits are two areas well worth investing in.

"COVID-19 has increased financial, physical, and emotional stress for many employees, and employers are tuned into this as they consider their benefits strategy. During our planning sessions with our clients for 2022 benefits, financial wellness is front and center, so the partnership between Betterment and Lumity made perfect sense," said Amit Ahluwalia, National Employee Benefits Practice Leader at Lumity. "Betterment brings transparency to the 401(k) business in the way that Lumity delivers transparency to benefits insurance. Between our two companies, there's a great alignment of values and shared commitment to deliver a better benefits experience to employers and employees."

Betterment's 401(k) business has grown at a record pace over the past year, and continues to experience significant customer and partnership momentum in 2021 as they work to make retirement planning an incredible experience for thousands of employees across America. In addition to Lumity, Betterment works closely with other benefits marketplaces to make it simple and painless for employers to offer a great 401(k). For more information on what a Betterment 401(k) could do for your business, payroll or benefits organization, visit

About Betterment's 401(k) Business

Betterment for Business is a 401(k) service built from the ground up with the needs of the modern employee in mind. It's selected by employers who want to offer their employees tailored financial advice that will help them create a more secure future. Betterment's 401(k) offering is powered by Betterment's proprietary, smart technology that automates and optimizes asset allocation to enhance financial wellness. As a fiduciary that is independent of the funds it invests in, Betterment believes that everyone has the fundamental right to expert financial advice. Headquartered in New York City and created by the largest independent online financial advisor, Betterment's 401(k) is used by leading employers like Casper and Boxed. For more information, visit

About Lumity, Inc.

Lumity partners with the modern employer to drive a competitive benefits program and deliver a better benefits experience. Bringing to the midmarket the kind of data insights that are typically only available to self-funded, big companies, Lumity specializes in helping high-growth, highly-distributed companies cost-effectively scale their benefits programs to attract and retain top talent. Lumity's data technology, expertise, and attentive employee support are designed as an end-to-end solution that is HR Tech stack agnostic. Learn more at

Any links provided to other websites are offered as a matter of convenience and are not intended to imply that Betterment or its authors endorse, sponsor, promote, and/or are affiliated with the owners of or participants in those sites, unless stated otherwise.

View More Press Releases by Betterment

Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.

© 2021, Inc.