ForUsAll Launches the Safe Harbor 401(k) Resource Center

****Our 401(k) advisor team at ForUsAll is excited to announce a new resource for HR, finance, and benefits teams. The new Safe Harbor Plan Resource Center will arm your team with plenty of information, tools, and insights to help you decide whether a Safe Harbor 401(k) plan is right for your business.

Featured in PlanSponsor and 401k Help Center, expect to find in the ForUsAll Safe Harbor 401(k) Resource Center:

• Safe Harbor 401(k) Cost Calculator: Find out how much making Safe Harbor contributions will cost as an employer.
• Safe Harbor Plan Handbook: When to choose a Safe Harbor plan and who they’re for
• IRS Test Basics: Start with Top Heavy tests and learn more about ADP tests and ACP tests
• Tips on Boosting Enrollment: Get tips to boost participation and savings rates for all of your employee groups (millennials and remote employees included)

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.”

To make sense of your 401(k) and further talk through options like Safe Harbor and potential alternatives, chat with a ForUsAll retirement plan advisor.

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