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The Money Mustache Community
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Investor Alley
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Best 401k Providers for Small Businesses
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Topic: Best 401k Providers for Small Businesses (Read 4568 times)
ejchis
5 O'Clock Shadow
Posts: 8
Best 401k Providers for Small Businesses
«
on:
April 27, 2017, 05:56:43 PM »
Removed.
«
Last Edit: July 30, 2018, 12:10:49 PM by ejchis
»
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maizefolk
Walrus Stache
Posts: 7503
Re: Best 401k Providers for Small Businesses
«
Reply #1 on:
April 27, 2017, 07:19:48 PM »
Posting to follow. Looked into setting up a 401k plan for one of the startups (~10 covered employees) about two years ago, but didn't find a provider we were happy with.
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wienerdog
Pencil Stache
Posts: 587
Re: Best 401k Providers for Small Businesses
«
Reply #2 on:
May 01, 2017, 05:42:28 AM »
I found this article which might help. It has a ranking site towards the end called BrightScope.
http://www.businessinsider.com/how-to-lower-your-401k-fees-2017-4
Just interested if you have found anything yet? I could be in the same situation in the future.
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wienerdog
Pencil Stache
Posts: 587
Re: Best 401k Providers for Small Businesses
«
Reply #3 on:
May 03, 2017, 06:24:18 PM »
Thanks for the update. What were the best strong points with EF besides the cost? Did you compare to some other companies also and then decided to quote Vanguard and EF?
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tj
Handlebar Stache
Posts: 2337
Age: 39
Location: Orange County CA
Re: Best 401k Providers for Small Businesses
«
Reply #4 on:
May 11, 2017, 01:23:41 PM »
I'm confused. Did you get vanguard quote you through Ascencus or Vanguard direct? Your plan doesn't sound large enough to use Vanguard.
Another to look at would be JF Actuarial.
http://www.jfactuarial.com/
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Best 401k Providers for Small Businesses