FOR BUSINESSES

Are you concerned about you 401(k) plan fees, liability and labor to administer?

Here is a list of plan providers that have had or currently have issues with their plans: *

In January, 2016 Oracle was sued by participants over excessive fees and imprudent investments. The suit alleged fees to Fidelity were "multiples of the market rate available for the same services".
Fidelity Investments settled two employee lawsuits over its own 401(k) plan charging excessive fees. They paid 12 million dollars in damages.
Morgan Stanley was sued for fiduciary breach in its retirement plan. They were hit with a 150 million dollar suit for self-dealing and excessive fees.
Edward Jones faces a proposed class action lawsuit over excessive fees.
Neuberger Berman, Franklin Templeton, New York Life Insurance Co. and American Century all have suits for excessive fees since June 2016.

* Source - Investmentnews.com

The 401(k) model is broken. WE’RE FIXING IT.

Less Cost

We can typically reduce your total plan costs by 30-60%.

Most 401(k) plans have painfully high fees that are nearly impossible to find and understand. There's no trouble understanding our fee structure. It's simple and one hundred percent transparent. Find out how we can help you save 30-60%.

Employer Costs

Typical
Full-Service 401(k) Do-It-Yourself Online 401(k)

Ongoing Annual Cost

This includes ongoing, annual fees not related to initial setup. Can also be paid by employees if preferred.

$1,500

$1,980

$2,500

One-Time Setup
& Conversion Fee

We know you have plenty of expenses. A setup fee doesn’t have to be one of them.

$495

$1,500

First Time Tax
Credit

If this is the first time your company has setup a 401(k) plan you get a tax credit just for signing up! That means you get 50% of your One-Time Setup Fee back.

($0)

($248)

($500)

Total Setup Fees

This includes all non-recurring fees related to setting up your plan.

$248

$1,000

Ongoing Annual Cost Comparison

The average annual 401(k) cost for a company converting an existing plan with 15 participating employees.*

$1,500

$1,980

$2,500

Do-It-Yourself Online 401(k) Typical
Full-Service 401(k)

Less Risk

Most 401(k) providers don't protect the business owner against fiduciary liability!

Our plan takes care of all 3 fiduciary roles for you.

We believe that the service providers doing the work on a 401(k) plan should be taking on the risks, not you! Unlike any other provider in the industry, our plan will appoint professional fiduciaries to sign and act in the administrative and investment fiduciary roles for you.

Less Work

Eliminate 30+ hours of unnecessary work per year.

We don't just give you tools to do the work, we do it for you. Our plan will prepare, file, and even sign your 5500 for you! We approve loans and distributions, manage your audit, track eligibility, answer employee questions, track and report on investments, perform compliance testing, run enrollment meetings, and much more.