Many small businesses don’t offer 401k plans simply because of the prohibitive costs of setup and administration. Yet most people look to their employer first for retirement savings options. As a PEO client, businesses can offer a 401k program to employees through a multiple employer plan.

This includes:

  • Plan options that give owners significant personal advantages (like integrated, age-weighted and new comparability allocation methods)
  • Reduced business taxes
  • Ability to recruit, reward and retain the best employees
  • Lower costs
  • Quality investment options
  • Full payroll integration
  • No annual fees
  • No liability as trustee, administrator, or fiduciary
  • No investment committee reviews
  • No plan documents, audits, and Form 5500 filing

Interested in our PEO services?

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