Designed with small businesses in mind.
Our Retirement Solutions allows you to not only help employees prepare for their future, but secure yours, as the employer, as well.
Our hassle-free plans fit your business and reduce your administrative burden.
Our plans provide attractive options for employers looking for ways to offer their employees retirement benefits, while reducing the administrative burden and mitigating the fiduciary risk and responsibilities.
We provide two ways to offer your employees retirement benefits:
- An ARP 401(k) provides the benefits of small businesses coming together to source retirement savings programs at a lower cost and with reduced fiduciary liability – resulting in savings for both you and your employees.
- An IRA takes retirement benefits off your mind and puts them in your employees’ hands, with no setup fees or contributions required from you. Your employee can easily enroll in five minutes with as little as $5 to start.
| IRA | 401(k) | |
|---|---|---|
| For | Self-employed individuals or your employees | Employer/Employees of a public or private company |
| Funded By | Funded by employee only | Co-Funded by employer and employees |
| Key Advantages | Easy to set up and maintain No employer contribution required |
Easy to set up and maintain benefits for both the employer and the employee Tax saving for employer Lower cost fee structure Reduced fiduciary liability |
| Employee Contributions | Up to $6,000 in pre-tax contributions ($7,000 if age 50 or older) |
Up to $19,000 in employee contribution ($25,000 if age 50 or older) |
| Employer Contributions | No Employer Contribution | Employer may match or provide profit sharing |