The 401(k) Provider Checklist: How to Choose a Great Plan
Before we dive in, give yourself a pat on the back. Shopping for a 401(k) provider means you’re thinking about giving your employees a benefit they crave. Recent research shows that less than half of American families have any retirement savings at all, and only 45% of small businesses offer employees a retirement plan.
By offering a great 401(k) plan, you’ll help your employees — and yourself — save more for retirement. But giving employees this benefit does mean you’ll have a few extra responsibilities…