The Online 401k for Small to Medium Sized Employers
The Online 401k is a fully bundled retirement plan provider serving the needs of small and startup 401k plans.
- A fully integrated solution that requires virtually no administrative tasks after the plan is established.
- For a company that has 2-30 employees, the monthly cost is only $155, no matter what the total assets.
- NO asset based fees and NO participant fees.
- A wide variety of funds to choose from, as well as access to a brokerage account.
401k Invesmart for Large Employers
PayPros partnered with industry leader Invesmart, Inc. to bring you a superior 401(k) Program. This program offers a great tax saving tool as well as a great savings vehicle for employees. Invesmart will select appropriate investments through its subsidiary, Invesmart Advisors, Inc., and manage the plans. This is a quality plan at a reasonable cost (starting at less than $2000!) Designed with the small business in mind, the program offers buying power and access to funds that might otherwise not be available. And, by providing account management services for participants, it provides a service unique to the small plan market. 401(k) Plans can be delivered in both the traditional pretax and new Roth formats.
- Contributions and certain expenses are tax-deductible
- Tax credit incentives for first three years for start up plans
- Provides a powerful recruiting and retention tool
- We do it for you – we select investments and manage the participants’ accounts