In order to attract the best and brightest employees, companies have to offer attractive benefit programs. A 401(k) plan can help in recruiting. These retirement plans are a valuable option for businesses that want to provide financial security for their employees.
In addition to offering attractive benefits, the overhead and administrative costs of the 401(k) plan, as well as any matched contributions you should decide to make, are tax-deductible expenses.
You can even choose to tie your 401(k) to company profits or other corporate goals. In other words, it can act as an incentive plan to encourage your associates to work harder and smarter in order for the company to do well.
If you are considering a 401(k) for the first time or considering a new partner, you'll need someone who understands the fees and other costs that vary from provider to provider. Each company had different levels of services that may or may not be included. We can help you compare apples to apples and get the best plan for your company. Contact one of our advisors below.
|Chase Sinquefield, 895-2820|
|Susan McIndoo, 494-9616|