For your team
A plan your people will use.
An app they find easy, advisors they can talk to, and help with the money questions that go past the 401(k). And for you as the owner, your own accounts in the same place.
Is it working?
How many of your people use the plan?
A 401(k) helps the people who put money in. Two numbers tell you how yours is doing: the share of eligible employees who contribute anything, and the share who contribute enough to get the full match. Your provider can give you both.
If either is lower than you'd like, the usual levers are in your hands: automatic enrollment, the match formula, automatic increases and help at sign-up.
For your team
Part of their financial life.
One app for their money
Their 401(k) beside the rest of their money: investing, spending and retirement planning in one app. Which features come with your plan depends on its setup.
See the alooola appAdvisors to talk to
A rollover from an old job. Saving for a first home. Employees can bring their questions to the advisory team and talk through the next step.
Accounts beyond the plan
Brokerage accounts, IRAs and old workplace plans can be part of the conversation. Each has its own eligibility, costs and agreement, and any transfer is worth weighing first.
Planning for the household
A spouse or partner can be part of the picture. Ask how linked accounts and planning features fit the services offered.
For owners
Your plan, and your own money.
Owners often hold most of their wealth in the business and a little everywhere else. Seeing it in one place makes the decisions easier to connect.
One view
Your 401(k), your personal investment accounts and the plan you sponsor, side by side in the app your team uses.
One advisor
The person who knows your plan also knows your goals. Personal accounts are opened separately, with their own agreement and advisory fee.
Saving more as an owner
Profit sharing and, for some owners, a cash balance plan can raise how much you put away. Whether they fit depends on your team and your goals.
Security & privacy
Safeguards, in plain terms.
Their own login
Each employee signs in to their own account. No one should share account credentials with an employer or an advisor.
Their best interest
When we act as an investment adviser, we must act in the client's best interest. The agreement sets out the scope and any conflicts.
What you can see
The privacy notice and provider agreements set out which plan information you can see as the employer, and which belongs to each employee's account.
See what your team would get.
Ask which services come with the plan, which need a separate agreement, and what employees would pay.