401(k) Service

Why should I consider a 401(k) plan?

A 401(k) plan is a simple, affordable way to build a retirement nest egg by making periodic contributions to a retirement savings account with each paycheck. After setting up your Sure401k, you can:

• Plan easily for your golden years with contributions you can afford.
• Provide your employees a retirement savings plan where they specify the amount to be deducted from their paychecks and the funds are automatically invested in their 401(k) accounts.
• Never spend time administering funds or assisting your employees with their investment options.
• Avoid the high costs of pension plans while still providing your employees the retirement savings options they deserve.
• Make additional contributions to employees' 401(k) accounts when you can.

Offering a 401(k) plan ensures your employees have the ability to save for retirements.

Start saving with Sure401k now — contact a 401(k) specialist at 800.774.4062.

Sure401k offers the most popular 401(k) options at the most affordable prices to help you and your employees save as much as possible:

Traditional 401(k) allows employees to save for their retirement through payroll-deducted contributions while providing employers the option to make additional contributions to their employees' 401(k) accounts. However, due to required annual non-discrimination testing — a process developed to ensure 401(k) plans do not favor owners or highly compensated employees (HCEs) more than other employees — HCEs and business owners may have limits imposed on their annual contribution amounts.

Safe Harbor 401(k) provides the same features as a Traditional 401(k) plan and bypasses annual non-discrimination testing to help companies that may otherwise encounter difficulty passing. A Safe Harbor plan requires minimum annual employer contributions using either a matching formula or static 3% annual contribution, similar to a SIMPLE plan.

Solo(k) affords owner-only and family-only businesses the ability to make the maximum allowable contributions to a retirement plan while providing access to accumulated balances through a loan feature. Business owners and their spouses receive the same advantages of a Traditional 401(k) plan, including both pre-tax and Roth contributions, as well as higher annual contribution limits than allowed in a SEP-IRA or SIMPLE plan.

Explore 401(k) options — contact a 401(k) specialist at 800.774.4062 today.

All employees — including owners — may defer up to $17,500 per year (or $23,000 per year, if 50 or older). We offer the most popular deferral options so your employees can build their retirement savings easily and practically:

Regular Deferral is a pre-tax employee contribution that is deductible in the year it is made so the contributions grow tax-free. The accumulated balance will be taxed upon distribution at the individual's then-current income tax rates.

Roth Deferral is an after-tax employee contribution that is not deductible in the year it is made. Contributions grow tax-free and the accumulated balance will not be taxed upon distribution.

Catch-Up Contributions are optional for individuals 50 or older so they may defer up to an additional $5,500 to their 401(k) accounts — up to $23,000 annually including either Regular or Roth Deferrals.

Delve into deferral options now — contact a 401(k) specialist at 800.774.4062.

You can easily make contributions to your employees' 401(k) plans with a variety of simple options:

Fixed Company Match enables you to match an employee's contributions at a fixed rate for a simple, predictable way to help them grow their retirement funds. This option is the most popular matching method for small businesses.

Discretionary Company Match allows you to match a percentage of each employee's deferral, giving the freedom to offer, raise or lower the match percentage annually.

Discretionary Profit Sharing lets you make one-time or periodic contributions to employees' 401(k) plans, even if they're not actively contributing to their own accounts. You can easily make an equal contribution to everyone, or direct the contributions to specific employees. We'll gladly prepare estimated profit sharing calculations upon your request.

For all 401(k) plans, the maximum contribution for any one person is limited by law to the lesser of $49,000 or 25% of compensation including both employee and employer contributions.

Select the best matching method — contact a 401(k) specialist at 800.774.4062 today.