Employers want to provide the best for their employees and they understand the need to save for retirement. Employers know that offering retirement benefits can be the difference when you are recruiting new employees and trying to retain your current employees.
Many smaller employers have looked into setting up 401(k) plans only to find out that the plans are geared to large employers and the plans can be costly to operate and the administrative requirements can be overwhelming when you are running a company
The answer to this challenge is the American Business Coalition Association 401(k).
The association 401(k) is an Association sponsored approach that allows employers to join together to reduce the administrative cost of offering a 401(k) plan and substantiallyof the traditional single employer 401(k) plan.
Featuringthe American Business Coalition Association 401(k) plan significantly of an employer, and provides relief from most of the responsibilities as the plan sponsor and fiduciary.
With an Association Plan participating employers and their employees have access to a full suite of best in class online financial tools and investment options to compete with the big companies.
A key component of any successful 401(k) is having local trusted financial advisors that are available to meet in person with our member employers and their employees. That is why we have partnered withto make your retirement plan work better for you, the business owner and your employees. Providing on-site enrollment meetings, personal financial consultations, and ongoing education, Clarity Financial Advisors provide the personal touch our members need to offer a competitive retirement option
Call Today, for your free consultation and review of how the American Business Coalition Association 401(k) can work for your business.