401k Plan Benefits
Benefits of offering Options 401K
Pricing and fees
What fees do employers pay for your plans?
Plans starting at $50 plus $9/participating employee each month
Are there any additional Employer fees?
No
Are there any transaction fees for rollovers, employee loans and distributions, Forms 5500 or 8955-SA or plan terminations?
No
Plan design and setup
Can you provide a Defined Contribution or Profit Sharing Plan?
Yes
Do you build and provide oversight for the 401(k) plan document?
Yes
Can you set up a safe harbor 401(k)?
Yes
Do you offer automatic enrollment?
Yes
Administration and recordkeeping
Do you integrate with certain payroll companies’ software?
Yes
Do you monitor employee eligibility?
Yes
Do you review and approve hardship withdrawals, loans and QDROs?
Yes
Do you provide and distribute employee notices?
Yes
Employee enrollment and education
Do you provide employee education?
Yes
Do you provide bilingual materials for employee enrollment?
Yes
Do you offer US-based call centers?
Yes
Can employees view/change their accounts on their mobile device?
Yes
Compliance and reporting
Are you a 3(16) plan administration fiduciary?
Yes
Do you monitor the 401(k) plan for compliance?
Yes
Do you prepare, sign and file the Form 5500 Annual Report?
Yes
Investment management
Do you provide both pre-tax and Roth deferral options?
Yes
Are you a 3(38) investment management fiduciary?
Yes
Do you offer Target Date Funds?
Yes
Do you offer any managed investment options?
Yes