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A 401(k) retirement plan is one of the greatest values to a PEO client! Typically, the high cost of administration makes a 401(k) plan impractical for most small to medium-sized businesses. Being in a PEO arrangement allows you to offer a sophisticated retirement program at a fraction of the cost required to establish and maintain an individual plan.
In recent years, there has been a wave of new participants to 401(k) plans – in fact, many employees consider a 401(k) plan as essential as health insurance. As an employer, you want to keep your best employees and attract high-quality recruits. Offering a progressive benefits package including 401(k) can put you head and shoulders above the competition.
That’s why Staff One provides you with a cost-effective, versatile plan that is also easy for employees to use.
Plan information is available to participants online 24/7 through www.slavic401k.com. This provides a quick, efficient way to get account information or make allocation changes.
Employees who are not familiar with investing and assessing risk can select an asset-allocated portfolio: aggressive, moderate or conservative. Those who wish to be more “hands-on” in their contribution allocations may select from a variety of highly-rated mutual funds.
As always, your Staff One benefits representatives are at your service, ready to assist you with enrollment, contribution and allocation questions.
Planning for retirement never looked this good. One Source. Many Solutions.
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