Let's compare two small business 401(k) plans and you tell me which company is getting the better deal.
Both companies have 50 employees and exactly the same plan provisions. Each company makes biweekly payroll contributions and each has the same employer match provisions. Same recordkeeping services right across the board.
Company 1: Pays 0.78% (78 basis points) for recordkeeping services. Company 2: Pays 0.27% (27 basis points) for recordkeeping services.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
