For restaurants and hospitality

A 401(k) for your restaurant.

Front and back of house, full-time and part-time, with people who join and leave through the year. A clear proposal shows a plan that fits, what it costs and who does the work.

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A smiling restaurant worker in an apron behind the counter

What a good proposal shows.

Costs in writing

Administrative and investment fees, set beside the services you receive.

A fit for owners and staff

Plan options weighed against part-time schedules, turnover and how much the owners want to save.

Clear responsibilities

Who handles setup, payroll, recordkeeping, testing and filings, and what stays with the company.

How the process works

What's different for restaurants and hospitality.

The parts of a plan that matter most in your line of work.

Part-time schedules

For plan years beginning after 2024, a 401(k) generally has to let employees with at least 500 hours in each of two consecutive 12-month periods make their own contributions.

People who join and leave

Eligibility rules decide when someone can join. A vesting schedule decides how much of the company's contributions someone keeps when they leave. Employees' own contributions are always fully theirs.

Getting people started

401(k) plans set up after December 29, 2022 generally have to enroll new employees automatically, unless they opt out. Businesses with 10 or fewer employees, or in business for less than three years, are exceptions.

What participation looks like

Common questions.

Do part-time employees have to be offered the plan?
Often, yes. For plan years beginning after 2024, a 401(k) generally has to let employees with at least 500 hours in each of two consecutive 12-month periods make their own contributions.
Will employees actually join?
Participation follows design. Automatic enrollment, a match and help at sign-up are the usual levers.
We already have a plan. Can you compare it?
Yes. A proposal can set your current plan's costs and services beside ours, and the switching guide covers what a move involves.

More questions about cost, switching and plan rules

Sources and disclosures
  1. Internal Revenue Service, Publication 560 (2025), Retirement Plans for Small Business, Reminders, long-term part-time employees; read Oct 20, 2026.
  2. Internal Revenue Service, Retirement topics: Vesting, read Oct 20, 2026.
  3. 26 U.S.C. 414A, Requirements related to automatic enrollment, text via Cornell Law School's Legal Information Institute, read Oct 20, 2026.
  4. Cost comparisons depend on each plan's services and written fee disclosures. The proposal and applicable agreements identify the advisory entity, provider responsibilities and fees.

See a plan in writing.

Tell us about the company and what a written proposal should cover.

Request a proposal