Browsing Tag
401(k) Small Business
98 posts
A 401(k) small business plan is a retirement savings program designed for companies with fewer employees, typically under 100. For financial advisors or RIAs, it represents an opportunity to guide business owners in selecting, implementing, and managing a cost-effective plan that meets regulatory requirements. Advisors help with fiduciary support, investment selection, employee education, and ongoing plan monitoring to improve outcomes for owners and their staff.
401(k) Account Balances Reach Record Levels
The analysis by Fidelity Investments finds that balances increased across 401(k), IRA, and 403(b) accounts
Small Business Owners Prefer Trump Win to Boost Prospects, Poll Finds
ShareBuilder 401k survey finds twice as many SBOs think a Trump win will have a positive impact on business compared to a Biden win
Small Businesses Report High Economic Optimism
Small 401(k) organizations are reporting stronger levels of growth, but their workers don't exactly feel the same, finds Principal
Empower Preps New Digital Tool for Small Employer 401(k) Setup
Set to launch mid-2024, “Ready Select” is specifically designed for small and start-up plans with up to $1 million in assets
State Auto-IRAs Driving Small Employer 401(k) Adoption
Comparing firms in Colorado and Oregon to neighboring states, Gusto study finds significant increases in 401(k) plan formation among small businesses
2023 Small 401(k) Plan Sales at Empower Top $10 Billion
Alongside record organic growth in new plan sales, recordkeeper reports significant growth within its advisor managed account business
Human Interest Streamlines Retirement Planning Process with Fast Track 401(k)
The provider is offering its Fast Track 401(k) platform to SMBs who may be too intimidated to offer a retirement plan
SMB Employers and Employees are Uneasy About Market Volatility
Two new reports by Nationwide Retirement Institute and Betterment focus on the impacts of market volatility on SMBs and retirement readiness
2 in 3 Small Businesses Still Don’t Offer Retirement Plans: Fidelity
First “Small Business Retirement Index” finds half (48%) of respondents worry they cannot afford to offer a 401(k)
Just 28% of Micro Businesses Offer a Retirement Plan
A Capital Group report finds that small businesses were likely to cite cost as a critical factor for avoiding retirement plans