Skip to main content Skip to footer site map
Watch the webinar:

What can a Safe Harbor 401(k) Plan do for your business?

Today, with unemployment at an all-time low, employees can pick and choose where they want to work. To stay competitive, employers need to offer more than a paycheck. A 401(k) is a powerful attractor and retainer of employees. In fact, 40% of workers would leave their job for another that provided a 401(k) plan1.

Offering a 401(k) increases goodwill with your employees and attracts quality talent.  By helping employees secure their retirement futures, employers increase employee loyalty, which is critical in today’s high-turnover marketplace.  According to a 2017 report from the Spark 401(k) Small Business Retirement Planning Index, 94% of small business owners who offer a 401(k) plan say it drives recruitment and retention. 

In addition to employee recruitment and retention, a 401(k) gives employers many tax-saving benefits and allows them to save for their personal retirement.

In this webinar, we’ll discuss why a 401(k) is a good idea for any size business, and the difference between traditional and Safe Harbor 401(k) plans.  Topics will include:

  • Why a 401(k)?
  • 5 myths about 401(k) plans
  • Benefits of a traditional 401 (k)
  • Safe Harbor 401(k)—how is it different?
  • Non-discrimination testing—what is it?
  • Advantages of Safe Harbor plans

1Survey by Harris Interactive, sponsored by ShareBuilder 401(k), a subsidiary of ING Direct


* This content is for educational purposes only, is not intended to provide specific legal advice, and should not be used as a substitute for the legal advice of a qualified attorney or other professional. The information may not reflect the most current legal developments, may be changed without notice and is not guaranteed to be complete, correct, or up-to-date.

Recommended for you

About Paychex

Paychex was founded over four decades ago to relieve the complexity of running a business and make our clients' lives easier, so they can focus on what matters most.

We provide: