Now just about any business can have a 401(k)
By offering The Online 401(k)™ PayChoice can help your employees save for retirement while providing you with a powerful recruiting and retention tool at a great value. The Online 401(k)™ is a Web-based retirement plan solution built to address the 401(k) needs of small businesses. One of the original Web-based 401(k) providers to address the small business market, today The Online 401(k) serves more than 2,500 businesses across 50 states. The company’s philosophy is simple: providing affordable, flexible, easy-to-use 401(k) plans for businesses with less than 50 employees. The Online 401(k)™) also serves one-person businesses with its retirement plan Single(k)™
The Online 401(k)™ is an all-inclusive 401(k) plan. That means we handle all aspects of your plan so you and your employees have one single point of contact for all your 401(k) plan needs. Here is a list of all the features and services included in our monthly fees.
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FOR EMPLOYERS
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FOR EMPLOYEES
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Features Included Recordkeeping
- Daily valuation recordkeeping
- Unlimited fund choices
- Optional discount brokerage account
- Choice of custodian (Matrix or Schwab)
Plan Administration and Compliance
- IRS-approved plan document
- Annual compliance testing
- Signature-ready form 5500
- Online compliance calendar
Plan Sponsor Online Services
- 30-minute online plan setup
- Plan forms online
- Employee census management
- Payroll file submission
- Compliance calendar
- Monthly e-newsletter
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Plan Participant Online Services
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Ask your CPA. Small businesses starting a new 401k may be eligible for a $500 tax credit per year (for the first three years)!
If you would like to receive additional information, contact your PayChoice representative, or call Tom Zgainer, at 866.775.4015
Or
I want a better 401(k) solution! - Please contact me about the Online 401(k)!
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