If you do not offer a 401(k) to your employees, you may be missing out on a great tool to attract and retain talented individuals to your business. It could be the deciding factor between someone accepting your offer of employment and accepting someone else’s.
There are several reasons why you should offer a 401(k) plan:
- Offering a 401(k) retirement plan shows that you value your employees and want to provide a means for them to plan for their future.
- A 401(k) retirement plan has tax advantages for both the employer and the employee.
- Offering a 401(k) adds to your overall pay and benefits package that helps you attract and retain high quality employees.
As an employer, you may be worried about the costs and time associated with setting up and running a 401(k) plan. After all, you need to run a business and don’t have time for one more set of headaches. SASI can help!
SASI has more than 20 years’ experience and proven processes in place to reduce the cost and administrative burden for clients. SASI takes care of all of the administrative duties, recordkeeping, and legal compliance involved to ensure your plan is a success. SASI focuses on making sure our clients’ plans operate smoothly, effectively and at as low a cost as possible.
The laws regarding 401(k) plans are very complex and they change regularly. SASI staff are experts, and will make sure that your plan is compliant with all ERISA regulations.
DON’T WAIT! Contact SASI today at (800) 752-3539 to get started on your 401(k) Plan!