If you have less than 10 employees, your search for a 401(k) account may be leading to a dead end.
Most 401(k) providers offer plans that are built for larger companies, not small businesses.
The Online 401(k) gives you what you need in a small business 401(k) plan:
A reasonably priced plan with no hidden fees that take advantage of your small size
Just because you’re small doesn’t mean you have to pay a premium. Many other 401(k) providers hit you with hidden fees, making it more expensive for you to keep a plan, and eroding your employees’ total savings.
*How we help:
The Online 401(k) offers you an affordable solution free of hidden fees. The fees we do charge are simple, all-inclusive flat fees that are based on your number of employees — but we’ll tell you what they are upfront, so you’ll know exactly what you’re paying for.
*What you can do:
Request a quote to see how our fees stack up to other providers, e-mail us at sales@theonline401k.com or call us at 1.877.775.401k to talk to someone today.
Big-business flexibility in a 401(k) that will grow with you
Other 401(k) providers aren’t built for the small-business market and don’t provide the flexibility that is key for growing businesses. Worst of all, most providers won’t give small businesses a key big-business 401(k) plan feature: choice.
*How we help:
Our pricing packages and features offer small businesses a choice, no matter what stage of growth. After all, just because you’re small doesn?t mean you shouldn’t have choices!
*What you can do:
Request a quote to see all of the choices you have, e-mail us at sales@theonline401k.com or call us at 1.877.775.401k to talk to someone today.
Investment options that meet your company’s and employees’ needs
You need to provide a diverse range of mutual funds for your employees to select from. Most 401(k) plan providers set limits on the types of funds and number of funds. Not us.
*How we help:
Our flexible, customizable investment platform allows you to create a core list of mutual funds from a selection of more than 1,600 funds from multiple fund families. It’s up to you as to how many funds you want on your core list - whether that’s 10 or 35. We also offer a discount brokerage option through Charles Schwab & Co., Inc.
*What you can do:
See our complete list of investments on the site, e-mail us at sales@theonline401k.com or call us at 1.877.775.401k to talk about customzied fund options today.
A plan that's easy to manage and understand
Too many 401(k) plans for small businesses are still paper-based and lack efficient tools. Other "E-Z" plan providers do not file the proper IRS forms for you, conduct mandated compliance testing and offer very limited client support.
*How we help:
We offer an easy-to-use plan that’s all online. In fact, administering The Online 401(k) takes less than one hour a month. Plan sponsors manage The Online 401(k) through our easy-to-use Web interface, which you can access from anywhere, anytime.
*What you can do:
E-mail us at sales@theonline401k.com or call us at 1.877.775.401k to schedule a demo of our easy-to-use solution today.
A way to maximize the contributions of your key employees
As a small business with less than 10 employees, providing innovative benefits for those employees becomes more important than ever. Especially for a smaller business, the need to maximize company contributions for the owner and key employees is always top of mind.
*How we help:
Our New Comparability feature helps the business owner (and key employees) maximize savings through profit sharing and regular contributions.
Under a traditional profit-sharing plan, an employer must contribute the same percentage of profits to its employees.
However, under a New Comparability profit-sharing plan, an older business owner can contribute a greater percentage of the profits to his or her 401(k) account, tax-deferred, because the profit-sharing calculation is based on how long the employee has until retirement, rather than a flat percentage.
*What you can do:
If you’d like a New Comparability proposal showing how you and key employees can maximize contributions, e-mail us at sales@theonline401k.com or call us at 1.877.775.401k.
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Why 401(k)s?
