Search found 6 matches

Return to advanced search

Re: Employee Fiduciary and The Online 401K

Depending on what your friend wants to accomplish, 401(k) might have some advantages over a Simple IRA - even for a 2-3 person biz. If she's interested in the tax benefits, the 401(k)'s higher contribution limits (up to $52K for 2014) allow for much more tax savings. Also, with a 401(k) her business...
by robbyforsythe
Thu Apr 17, 2014 11:55 am
 
Forum: Investing - Theory, News & General
Topic: Employee Fiduciary and The Online 401K
Replies: 8
Views: 1120

Re: Paychex 401k

Crickets...
by robbyforsythe
Thu Jan 31, 2013 12:06 pm
 
Forum: Investing - Help with Personal Investments
Topic: Paychex 401k
Replies: 9
Views: 11771

Re: Employee Fiduciary 401k vs. Costco/Intuit 401k

Thanks Frank, The Costco 401(k) is a very low-cost, turnkey 401(k) plan. It's very similar to The Online 401(k)'s Express(k) plan. If you've ever worked with Costco, they're really serious about getting the best deal for their members. They vetted small business 401(k) providers for about a year and...
by robbyforsythe
Tue Oct 16, 2012 3:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Employee Fiduciary 401k vs. Costco/Intuit 401k
Replies: 29
Views: 7056

Re: 401(k) provider recommendations for small business

The Online 401(k) focuses on small businesses and consequently only services companies with 100 employees or less. For the Express(k) plan mentioned above, the monthly cost for a company with more than 50 employees is $140. All other costs are the same. Full disclosure, as I mentioned in the other t...
by robbyforsythe
Fri Oct 12, 2012 7:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401(k) provider recommendations for small business
Replies: 28
Views: 4765

Re: 401(k) provider recommendations for small business

The Online 401(k) offers 2 plans - Express(k) and Custom(k) - where you can utilize a list of 30 Vanguard Signal Shares funds. For a company with less than 50 Employees, the cost of the Express(k) plan is - One-time setup fee - $495 Conversion Fee (if applicable) - $1000 Monthly admin fee - $95 Mont...
by robbyforsythe
Fri Oct 12, 2012 6:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401(k) provider recommendations for small business
Replies: 28
Views: 4765

Re: Employee Fiduciary 401k vs. Costco/Intuit 401k

Hi Guys, Full disclosure - I work for The Online 401(k). We're the TPA/Recordkeeper for the Costco 401(k). A few updates. 1. Costco 401(k) setup fee has been lowered from $435 to $375. 2. Intuit is no longer co-branding this 401(k). No real change to the plan. It just no longer has the Intuit logo o...
by robbyforsythe
Fri Oct 12, 2012 12:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Employee Fiduciary 401k vs. Costco/Intuit 401k
Replies: 29
Views: 7056

Return to advanced search