How it works
Start with the facts.
Whether you're starting your first plan or reviewing the one you have: compare costs and services in writing, then decide whether a change is worth it.
The process
Three steps.
Fee review
We start with your current plan's documents and fee disclosures, or with your goals if you don't have a plan yet. You get your administrative and investment costs beside ours, in writing, with the services each one includes.
Plan design
We talk through your team, your budget and how you want to contribute, with the plan specialists who build the design. The proposal names who handles design, documents, payroll coordination and setup.
Launch & ongoing
We help set up payroll and enrollment, help your team sign up, and agree a schedule for reviews. The service agreements name who handles testing, filings and notices, and what stays with you as the employer.
Plan types
A structure that fits.
The right design depends on your workforce, payroll and contribution goals. Plan specialists walk you through it.
Traditional 401(k)
The default. Employees defer from each paycheck, and you choose whether and how to match. Flexible, familiar, and subject to annual nondiscrimination testing.
Safe harbor 401(k)
A design with set employer contributions and other requirements that can provide relief from certain nondiscrimination tests. A specialist explains the requirements that still apply.
Profit sharing
A discretionary employer contribution on top, decided year by year. Useful when profits vary and you want to reward a good year without committing to it permanently.
Cash balance
A defined-benefit plan paired with the 401(k), for owners who want to save well beyond the 401(k) limit. Best suited to consistently profitable businesses with a stable team.
Switching providers
Switching is a set of known steps.
Notice to your current provider, a plan review, moving records and assets, a short blackout period your employees are told about in advance, and connecting payroll. The plan itself carries on; it moves to a new provider.
Large providers publish 60 to 90 days for many plans. Read the step-by-step guide.
Start with the fee review.
Bring your current plan, or your goals for a first one, and we'll scope a written comparison before you decide anything.