Workplace Retirement Plans

Recent studies show that only about one-third of small businesses have a workplace retirement plan in place.

Unfortunately, many business owners fear that implementing and maintaining a plan is too expensive. However, empowering employees to save for their future is often a key component of the employee benefit plan package and helps differentiate your small business when competing for talent.

Not to mention, many states are moving forward with legislation that will mandate participation in a state-run program. Instead of defaulting with your state, learn about the custom retirement plan options available to your specific business, and seamlessly integrate it with your payroll process through Abacus Payroll.

Retirement Plan 360 Integration

Already have a workplace retirement plan in place? Ideally your payroll system should connect directly to your provider to save time, reduce human error, and be as accurate as possible with reporting employees’ contributions. Abacus Payroll’s 401(k) 360-integration service is compatible with 80 different financial services companies.

• Eliminate Dual Entry: Save time and eliminate having to manually send employee change requests to your payroll specialist.
• Streamline Enrollment: Your employees’ enrollment information is automatically transferred to payroll. No manual entry!
• Stay Compliant: Our integration service helps you remain compliant by meeting and improving 401(k) plan transaction time.