--- title: '401(k) Compliance Associate at Betterment' canonical: 'https://feeny.ai/job/401-k-compliance-associate-betterment-new-york-vnf0wx4ccfn4' type: 'job' last_seen: '2026-09-07' --- # 401(k) Compliance Associate at Betterment - **Company:** Betterment - **Location:** New York, NY - **Posted:** 2026-08-24 - **Last confirmed live:** 2026-09-07 - **Apply:** https://www.betterment.com/careers/current-openings/job?gh_jid=8144052&gh_jid=8144052 ## Job description ## About Betterment [Betterment](http://www.betterment.com/) is a leading, technology-driven financial services company that offers investing, savings and retirement solutions for retail investors and investment advisors as well as financial wellness solutions, including a 401(k) for small and medium-sized businesses. Our team is passionate about our mission, to empower people to build wealth with confidence and ease. ## About the Role Are you a process-driven problem solver who loves checking items off your to-do list? Do you thrive on turning inefficiencies into seamless processes? Does making complex tasks efficient and intuitive energize you? Do you seek to help scale solutions that aim to delight and empower clients? Do you have some relevant 401(k) industry experience? Betterment’s 401(k) team is seeking a detail-oriented compliance associate with a passion for 401(k). This role is part of the 401(k) Compliance team within Betterment at Work. This team is the go-to group for 401(k) compliance subject matter expertise and are skilled in efficiency and technical 401(k) plan administration. You will be joining a group of individuals that empower each other to take ownership, lead the charge to create solutions that last and who motivate others to always keep the common goal in mind. For us, that goal is providing an exceptional experience to our 401(k) clients. This is a salaried, non-exempt role that is remote eligible, except for the New York City metro area, San Francisco, Los Angeles, Seattle, Boston, Washington, D.C., & Orange County, CA. Below we've reflected the base salary range we would offer for this position in locations with city or state requirements. For those located elsewhere, the actual compensation offered will be based on candidate experience and geographic location. Actual salaries may vary depending on factors including but not limited to location, experience, and performance. The range listed is just one component of Betterment’s total compensation package for employees. - $60,000 - $70,000 A Day in the Life Annual Compliance Administration - Play an integral role in the annual compliance testing season for 401(k) clients by preparing compliance testing packages and employer contribution calculations - Reconcile plan activity and prepare Form 5500s for large and/or conversion clients - Assist 401(k) plan auditors by providing requested plan information and data samples Daily Administration - Assist with advanced compliance processes such as plan amendments, plan terminations, conversions and deconversions - Analyze facts and circumstances of operational errors that result in the calculation of missed deferral opportunities, lost earnings and other corrective actions - Draft 401(k) plan documents for conversion plans and set them up in our proprietary recordkeeping system General Responsibilities - Collaborating with the Client Experience teams to provide a unified client experience - Ensuring adherence to current procedures and controls, and make recommendations to improve efficiency and scalability - Using creative problem solving skills to tackle operational challenges, investigate why they happened, and collaborate with the engineering, product, and design teams to develop solutions ## What We’re Looking For - Some experience in 401(k) retirement industry - Interest in working towards QKA certification and other ASPPA certifications - A detail-oriented mindset with excellent organizational skills - Comfort handling multiple priorities at once and problem solving on the fly in a creative and holistic manner - A proactive approach in reimagining existing processes to make them better - Effective communication skills and experience working cross functionally with client facing teams or stakeholders - Ability to maintain the highest level of confidentiality - Familiarity with FTWilliam or similar compliance testing software - Demonstrated proficiency in both Google Suite and Microsoft Office Join a team built on these core values We change lives Be a part of a community of innovators working to transform financial outcomes for real people. Your work will make an impact, always laddering up to our mission; to empower people to build wealth with confidence and ease. We set audacious goals We set them for the company, our customers, and ourselves, and we won’t stop until we reach them. We don’t just show up; we give our all, then celebrate our wins. We value all perspectives When we collaborate, we're at our best. We believe diverse perspectives lead to better outcomes and strive to uphold our supportive and inclusive community. We simplify financial services We’re financial services pioneers, always finding new ways to improve, optimize, and enhance. Constant improvement is in our DNA. Our Commitment to Your Total Well-being: - We offer a competitive suite of benefits, including medical, dental, and vision coverage; life and AD&D insurance; short- and long-term disability; infertility support and WPATH-aligned transgender health benefits; an Employee Assistance Program (EAP); transit benefits and FSA and HSA options - Ownership: Equity for all employees, including new hire and refresher grants. - Time: Flexible paid time off, paid parental leave, and a fully paid four-week sabbatical in your sixth year. - Growth: Company-paid professional coaching for all employees. - Wealth: Day-one 401(k) match plus matching on qualified student loan payments. What happens next We’ll take a few weeks to review all applications. If we’d like to spend more time with you, we’ll reach out to arrange next steps, which will include 3-4 sets of meetings with your future colleagues. In the interview process, we’ll look to learn more about your skills, experiences, capabilities, and motivators. Many of our questions will be aimed at understanding how you might operate here at Betterment. Depending on the role, we may ask you to complete a case study exercise or technical assessments, as we want to collect a robust set of data points to better inform our decisions. On average, it takes us around 3-5 weeks to make a hiring decision, depending on your availability and sense of urgency. As a best practice, we aim to interview at least 2-3 final round candidates before making a hiring decision. Please note that, as we usually receive an overwhelming number of  applications for open positions, we’re unable to offer individual feedback during the interview process. We recognize that interviewing for a new role is a big deal. We appreciate you considering Betterment as the next step in your career, and our Recruiting Team is here to support and advocate for you through the interview process! Betterment is dedicated to providing accommodations to candidates upon request. If you need accommodations at any point throughout the interview process, please reach out to your recruiter. Please note that in any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information. Come join us! We’re an equal opportunity employer and comply with all applicable federal, state, and local fair employment practices laws. We strictly prohibit and do not tolerate discrimination against employees, applicants, or any other covered persons because of race, color, religion, creed, national origin or ancestry, ethnicity, sex, gender (including gender nonconformity and status as a transgender or transsexual individual), sexual orientation, marital status, age, physical or mental disability, citizenship, past, current or prospective service in the uniformed services, predisposing genetic characteristic, domestic violence victim status, arrest records, or any other characteristic protected under applicable federal, state or local law. ## About Betterment ## Company Overview - **One-liner**: Betterment is a digital investment advisory and financial services company that provides automated investing, retirement planning, cash management, and 401(k) solutions for individuals and businesses. - **Entity Type**: Private (venture-backed) - **Headquarters**: New York City, New York, USA - **Founded**: 2010 - **Founders**: Jon Stein, Eli Broverman ## Core Business - **Primary Industry**: Financial Services / Fintech (digital wealth management, robo-advisory) - **Target Customers**: B2C (individual investors, savers) and B2B (small-to-midsize businesses for 401(k) plans; independent RIAs for custodial services) - **Mission**: “Empower people to build wealth with confidence and ease.” ## Products & Services - **Betterment Investing**: Automated, goal-based investment portfolios (stocks, bonds, ETFs) with tax-loss harvesting and rebalancing. Type: Robo-advisor / SaaS. - **Betterment Cash Management**: High-yield checking and savings accounts with no fees and FDIC insurance. Type: Fintech / Banking. - **Betterment 401(k) (Betterment at Work)**: Full-service 401(k) plan for growing businesses, including plan design, employee education, and compliance. Type: B2B SaaS + Service. - **Betterment for Advisors**: Custodial and technology platform for independent Registered Investment Advisors (RIAs). Type: B2B platform. - **Betterment Retirement**: Traditional and Roth IRA accounts, plus rollover guidance. Type: Investment service. ## Market Standing - **Valuation**: Not publicly available (last reported valuation of $1.3B in 2021 Series F – conflicting reports, no recent disclosure) - **Key Metric**: $70B+ in assets under management (AUM) as of 2025; over 1 million customers; 4.8-star rating on App Store/Google Play - **Notable Investors/Partners**: Not disclosed in search results (historical investors include T. Rowe Price, Kinnevik, Bessemer Venture Partners) - **Growth Signals**: Headcount of ~5,173 employees (up 12.3% year-over-year); continuous expansion into banking and RIA services; active hiring across engineering, product, and marketing. ## Competitive Advantages - **Pioneer in robo-advisory**: First-mover advantage with a strong brand and trust among digital-native investors. - **Comprehensive product suite**: Combines investing, banking, and retirement in one platform – a one-stop shop for personal finance. - **Low-cost, transparent fee structure**: No management fees for cash accounts; competitive advisory fees. - **Regulatory compliance**: SEC-registered investment advisor and broker-dealer, FINRA member – strong governance and security. - **Technology-driven personalization**: Tax-loss harvesting, goal-based planning, and automated rebalancing powered by proprietary algorithms. ## Strategic Focus - **Expand banking services**: Grow Betterment Checking and Savings to attract more deposits and deepen customer relationships. - **Scale Betterment at Work**: Capture more of the small-business 401(k) market with integrated employee benefits. - **Invest in AI & automation**: Head of Applied AI role signals focus on using machine learning to improve advice, risk management, and customer experience. - **Serve independent RIAs**: Grow Betterment for Advisors as a tech-enabled custodian to compete with Schwab, Fidelity, and others. ## Why Work Here - **Culture**: In-person, collaborative environment in New York City HQ, with no required office days during summer and winter holidays. Strong emphasis on inclusion with seven Employee Resource Groups. - **Benefits** (from careers page): - Flexible time off, paid parental leave for all parents, four-week sabbatical in year six. - 401(k) match from day one (including student loan matching), zero management fees. - Comprehensive medical, dental, vision; One Medical membership; fertility and LGBTQIA+ transition support. - Equity for all employees (new hire, performance, and refresher grants). - Free professional coaching, learning stipend, and continuous development programs. - Chef-prepared lunches, guest speakers, company gatherings, and heritage celebrations. - **Engineering Culture**: Strong focus on building reliable, scalable financial systems. Many senior engineering roles open (Staff, Engineering Manager, Security). Emphasis on “play to win” and “make an impact” values. - **Work Policy**: Primarily in-office with flexibility – no required days during summer/winter holidays. Some remote roles available (e.g., CX Automation Performance Analyst). ## Sources 1. [betterment.com/careers](https://www.betterment.com/careers) 2. [betterment.com/about](https://www.betterment.com/about) 3. [linkedin.com/company/betterment](https://www.linkedin.com/company/betterment) 4. 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