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All about 401(k) plans

Everything you wanted to know about 401(k) plans for you business but were afraid to ask.


Why Offer a 401(k) Plan To Your Employees?

May 28, 2014 | posted by Ren Cicalese
To attract and keep qualified employees. Offering a 401(k) plan is an important added benefit for your employees in addition to their compensation because it builds the perceived value both prospective and current employees have come to expect in an organization. Participation in a 401(k) plan also helps retain employees who appreciate the security of […]
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Top 5 things to consider if you want to set up a 401(k) plan

May 28, 2014 | posted by Ren Cicalese
1. What will it cost to set up a 401(k) plan and administer it? It depends! New plans may have start-up or base fees beginning at $1,800, and every plan has a per participant fee of $25 or more.  Plans consisting of 100 participants or more require an annual audit and are therefore more expensive. […]
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