Named Best 401k for Cost Transparency By Business.com
USA 401k is a complete-solution, customizable retirement plan designed to ease your administrative burdens, while helping your employees enhance their retirement readiness.
Discover A Cost Effective 401k for Your Business:
Transparent Pricing, Maximum Value, & Comprehensive Support
Pricing & Services
Employer Fees
Fee transparency, always & complete cost control for the employer!
One-time install fee: $250*
Total employer fee: $42/month + $2 per participant
*Typically offset to $0 via tax credit5500 IRS tax form included
Safe Harbor 401k or Traditional 401k included
Roth 401k, employee education, loans included
Administration, record keeping, plan documents, employee notices included
Expertise from accredited fiduciary investment advisors, 3(21) or 3(38) included
What is my employer net cost?
In most cases, considering tax credits under SECURE Act 2.0, the employer billable net cost for your 401k is $0 for (3) years. Of course, that depends on the actual credits where employers are eligible for up to $5,000/year for (3) years for a new 401k + an additional $500/year for (3) years when auto-enrollment is included.
10
Example total number of eligible employees
2
Number of owners + Highly Compensated Employees (HCEs)
$0
Employer net cost in years 1-3
(tax credits exceed total cost)
$2,000
TAX CREDITS!
$250 x (8) non-HCE employees
$500
auto-enrolment tax credit years 1-3
$700
Employer annual cost after (3) years
Additional Tax Credits:
Businesses with up to 50 eligible employees are also entitled to a tax credit of $1,000, when the business contributes as a match or Profit Sharing, for example:
(10) employees each earning 50k, employer matching as a % of employee pay: 4%
tax credits total $10,000 ($1,000 for each employee) which covers 50% of the annual matching cost in years 1-2, while the remaining 50% is tax deductible
Tax credits for matching continue for (5) years, declining each year beginning in year 3
For additional information, including a formal custom quote for your business, please contact us at: jmnovak@financialguide.com
EmployeE Fees
Fair pricing for your valued employees & no hidden fees!
Internal investment expense annualized total: .80%
Very low expense funds & ETFs, all no-load, institutional share class pricing
Zero transaction fees
Investment Solutions
A few of the 100+ mutual fund families within USA 401k :
No Limit On Funds & ETFs
We let you stay in control of all aspects of your fund selections and future changes. USA 401k is open architecture, which means that you have access to most all funds & ETFs open to 401k investing.
15,000+ funds & 1,000+ ETFs
Vanguard: all funds open to 401k investing
Blackrock, Charles Schwab, Fidelity, Goldman Sachs, JP Morgan, T. Rowe Price, & hundreds of additional top-shelf fund families
Effectively no limit on the # of investment slots in your 401k
No cost for research, evaluation, or investment changes
As a 3(21) or 3(38) fiduciary, we give investment advice & fund recommendations to help keep your plan on track
A 3(21) co-fiduciary or 3(38) fiduciary investment advisor is built into USA 401k, handling the design, monitoring and recommendations to help reduce the investment responsibility on the part of the employer. Employees are equally well served with a full spectrum of investment options, continued financial education, and customized strategies to help achieve retirement readiness.
Investment monitoring ongoing, fund & ETF recommendations
Performance results & peer assessment via Fiduciary Investment Reviews
Investment Committee guidance & due diligence direction
Effectively no limit on the # of investment slots in your 401k
Fee benchmarking & provider comparative analyses
360 Degree Payroll Integration With 500+ Payroll Service Providers!
Employer Convenience Of Automated Contribution Processing
USA 401k syncs your payroll with Vestwell record keeping for seamless payroll contribution processing, hands-off by your HR!
360-degree payroll integration is an efficient, automated solution coordinating your payroll with the 401k provider. All of the data that you upload to your payroll provider is automatically processed by both software platforms, which helps ensure streamlined and accurate information flows between them. This modern API communication bridge allows full circle data exchange from payroll provider to 401k record keeper and back to payroll provider.
Dynamic online plan-management tools enable the employer to view all 401k activity including payroll contributions, as well as participant transactions & changes, with user-friendly customizable reports.
Employer Ease Of Operations
Fiduciary Review Reports: comprehensive investment analyses & recommendations prepared for easy employer decisions
Quarterly Plan Service Reviews: detailed plan studies, participation & performance evaluations
Newsletters & Seminars: automated e-communications provide valuable updates to your participants & group seminars connect employees with advisors quarterly
Employee Education & What Makes Us Different!
Employee Engagement
We believe in the future financial wellness of your employees.
For your employees, your most valuable asset, we focus on education and engagement, designed to increase participation rates and lead to more favorable long-term financial outcomes.
Not all 401k programs are created equal, especially when it comes to employee services. With USA 401k, you can rest assured that nothing is left unanswered to your employees. Pairing neatly with online tools and electronic reporting, a customized enrollment program is extended to match your specific benefits objectives.
Customized Employee Enrollment
These are the axis for success in any 401k. An effective enrollment campaign begins with the providers’ ability to offer an interactive enrollment process – this is what sets us apart. Ongoing, we connect with employees and are completely accessible to their retirement planning needs.
Enrollment meetings in-person or virtual, unlimited
Quarterly participant benefit statements
Robust suite of on-demand retirement income planning tools help employees create a strategic game plan for financial wellness tailored to their personal situation
Employee benefit campaigns utilizing sophisticated targeting and behavioral science techniques to help drive engagement and improve retirement readiness
1-on-1 financial guidance
Employee newsletters
Seminars offered quarterly for continued employee education
Additional employee services
Online Access: The employee website, also available via a mobile app, allows persons to enroll in the plan, view real time account information, process transactions, rebalance assets, and access interactive retirement planning calculators
Multilingual: English and Spanish VRU available 24 hours a day, 7 days a week, customer service representatives available for live support during business hours
Live Advisors & Robo-Advisors* Working Together
With the best of both worlds, USA takes it one step further, supplying advisors at your disposal to give customized individual employee education, coupled with automated tools for you busiest employees. Each employee is unique with varying financial goals, so we offer:
enrollment process walk-through
group & 1-on-1 employee meetings to promote educational excellence
model portfolio design
higher participation through ongoing employee support
better savings rates through our dedication to each eligible employee
roll in support to combine retirement assets into the new 401k
* A robo-advisor is an online platform that builds and manages your investments automatically based on profile information that you enter including an anticipated investment time horizon, risk comfort level, and investment goals. Then, financial advice is generated from an algorithm instead of a person.
This approach is quite attractive for your busy employees who are on the run and managing from a mobile device. It creates peace of mind without the effort of having to keep track, actively managing a portfolio.
Importantly, for employees who need individual guidance, our team is always ready to assist!
USA 401k presents an open-architecture mutual fund, ETF, and securities program offered through MML Investors Services, LLC.
With USA 401k, you are represented by a well-established company and a long track record, proudly serving the retirement plans marketplace, servicing businesses for over 35 years.
Businesses 2 – 5,000 employees
Your plan will be supported representatives who hold the designations of Accredited Investment Fiduciary (AIF®) with standards of investment fiduciary excellence and Chartered Retirement Plan Specialist (CRPS®).
Administration and record keeping provided through Vestwell. Vestwell is not an affiliate or subsidiary of MML Investors Services, LLC or its affiliate companies. To learn more, visit: (Vestwell)
MML Investors Services, LLC® (MMLIS) is a subsidiary of Massachusetts Mutual Life Insurance Company. MMLIS, in its capacity as a registered Broker-Dealer with the Financial Industry Regulatory Authority (FINRA), and member Securities Investor Protection Corporation (SIPC), is one of the nation’s largest independent broker-dealership and a leading registered investment advisory firms offering investment products, wealth management services, and retirement plan programs.
Matrix Financial Solutions Inc. (Matrix) is the custodian for all plan assets and transactions of USA 401k. Matrix, a Broadridge Company, is a leading independent provider of products and services for financial professionals, including banks, third party administrators, recordkeepers, financial advisers, broker-dealers, mutual fund providers, and insurance providers, among others. Matrix Financial Solutions Inc. is not a subsidiary or affiliate of MML Investors Services, LLC or its affiliated companies.
Securities and investment advisory services offered through qualified Registered Representatives of MML Investors Services, LLC. Member SIPC®, Supervisory Office: 2 Bala Plaza Suite 901 Bala Cynwyd, PA 19004. Tel: (610) 766 3000. USA 401k is not a subsidiary or affiliate of MML Investors Services, LLC. CRN202504-7157973
Check the background of this financial professional on FINRA’s BrokerCheck
CA Insurance License # 0819761