ForUsAll Launches Safe Harbor 401(k) Resource Center
San Francisco, CA (PRWEB) November 10, 2016 -- Today, ForUsAll, a 401(k) advisor for small- and mid-sized businesses, has launched its Safe Harbor Plan Resource Center to help employers understand the ins and outs of Safe Harbor 401(k) plans. Available for free, employers will find a “Safe Harbor 101” handbook that explains when a Safe Harbor 401(k) is needed and how they function, as well as a Safe Harbor Cost Calculator to help estimate costs of implementing this typically costly plan.
Safe Harbor 401(k) plans are a last-resort for employers looking to bypass certain IRS compliance tests. “As an independent 401(k) advisor and fiduciary, we work hard to help our clients achieve high participation rates and avoid having to offer a safe harbor plan,” said David Ramirez, ForUsAll’s Chief Investment Officer. “We are offering this Safe Harbor Resource Center knowing that plan sponsors have questions about their existing plans, but aren’t getting straight answers about Safe Harbor costs and implications from their current service providers. And we know that if their existing advisor is not helping them become compliant and still struggling to meet fiduciary requirements, we might be able to help.”
Available today, ForUsAll’s free Safe Harbor 401(k) Resource Center provides:
*Safe Harbor 401(k) Cost Calculator - Find the estimated cost for a Safe Harbor plan based on number of employees, average salary, and employee participation rate.
*Tips on Boosting Enrollment - The best way to avoid needing a Safe Harbor 401(k) plan is to ensure that employees at all levels are participating in the company’s standard 401(k) plan.
*ForUsAll’s “Safe Harbor 101 Handbook” - A helpful, easy to read guide that walks employers through the pros and cons of Safe Harbor, explores lower-cost options, and more.
*IRS Test Basics - Learn how IRS Top Heavy testing works, and how ForUsAll helps employers avoid non-compliance.
ForUsAll is a retirement plan advisor providing 401(k) options for small and mid-sized businesses across multiple industries, including retail, hotel, nonprofit, professional services, and manufacturing. To learn more, please visit http://www.forusall.com.
About ForUsAll
ForUsAll is a next-generation small- and mid-sized business 401(k) advisor. ForUsAll was founded to help bridge the current retirement gap facing the United States by radically simplifying the 401(k) so that it’s easy, hassle-free, and inexpensive for any company and its employees. Through its unique, user-friendly combination of investment expertise and HR technology, ForUsAll’s powerful advisory and technology platform allows SMBs to offer responsible investments, educate employees, stay compliant, and meet their fiduciary responsibilities all in one place. To learn more please go to http://www.forusall.com.
Ashley Seashore, Arrow PR, +1 5102070402, [email protected]
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