Employees who have a 401(k) can benefit from tax benefits, compounded interest, and employer contributions. Plus, you'll be sending the message that you're invested in your employees for the long-term when you make financial wellness available and accessible to them through PEO 401(k) plans. Our advisors can help you see how 401(k) plans for small businesses can save you money and allow your employees to get better returns.
When an employer partners with a TBG, their decision about 401k benefits is much easier. Companies don’t have to spend time and money finding a qualified provider for the benefit. Employers cannot enroll their employees in the best 401k plan if they go through privately, which is much more expensive. If employers use TBGs, their businesses will have access to high quality 401k plans with expansive offerings.
Employers can save a lot of money if they participate in a 401k program with a PEO, because the act of aggregating people’s retirement savings together can result in discounts and lower fees. If more people were to be included in the 401k program, then it will cost your company less.
You can offer the right retirement plan to your employees without being an expert on retirement service providers, compliance issues, or investments.
Don't stick with the same old savings plan. When you join TBG Payroll, you'll give your employees a much wider variety of investment options and tailor a plan that suits your company's unique needs.
We provide the expert support to help your employees on their path to a financially sound future. We work on your side and help you stay on track by enrolling eligible employees in the plan, compiling all the information they need, while keeping your company’s needs in mind.
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