Offering a 401(k) plan gives employees a hand up in saving for their future. However, struggles with plan participation and contributions usually stem from the lackluster features in the 401(k) plan itself. How can a Third Party Administrator help to solve this issue? Customized plan design with plan growth and Plan Sponsor goals in mind.
Unsure if your plan is optimized to encourage participation and high contributions? Give your advisor a call to explore your plan’s features, or send us an email to schedule a meeting. If you’re interested in setting up a 401(k) plan, or have questions on plan design elements, we can help! Give us a call at 405-848-4015.