Facts and Stats

If you prefer facts and stats to marketing-speak, you’ll love this data we’ve dug up. Learn a bit more about blooom and the people who love us.

Americans and Retirement*

75%

of Americans worry that they will not have enough money to get through their retirements.

45%

of Americans have not saved a cent toward retirement.

87%

of retirees say they don't know enough about managing investments to make their savings last.

52%

of households are “at risk” of not having enough to maintain their living standards in retirement.

50%

of private sector workers have access to an employer-sponsored retirement plan.

Client Age

Sprout and full grown flower group

18

Age of youngest blooom client

38

Age of median client

76

Age of oldest blooom client

Over $2 Billion In assets under management

Account Balance

pigs balancing on a scale

<$500

Smallest 401k balance managed by blooom

$5,867,684

Largest 401k balance managed by blooom

$48,106

Median 401k balance managed by blooom

Stock / Bond Mix

Wilting Flower

45%

Clients that were too conservative with their 401k portfolio before blooom

Flower with pointy spikes

8%

Clients that were too aggressive with their 401k portfolio before blooom

Target Date Funds

Arrows hitting a bullseye

26%

Clients in target date funds pre-blooom

39%

Clients who were misusing target date funds

45%

Average % fee reduction for clients who were invested in target date funds

Hidden Fees

Bite Taken Out of Dollar Bill

$3,557,194

Total client hidden fees saved by our clients in the past 12 months¹

$425,232,240

Projected hidden fees saved by our clients by retirement²

$41,292

Median client hidden fee savings projected by retirement³

$166

Median client hidden fee savings in year one

79%

Percentage of 401ks whose hidden fees we're able to reduce


A Million Dollar Yacht

425 (and growing)

# of million-dollar yachts Wall Street CAN’T buy due to our clients’ lifetime fee savings

$10

Per month

Any account size

Cancel Any Time
Simple Flat Fee
No Hidden Fees
Learn More