PLAN4TEN is a Safe Harbor 401(k) plan specially designed for small businesses with 2-10 total employees who desire an easy to operate 401(k) plan. This plan is ideal for companies looking to adopt their first 401(k) plan or existing companies that may have a SIMPLE or SEP plan who want to contribute more towards retirement. Also, this plan is an excellent migration solution for owner-only businesses that have an individual(k) plan and hire their first employee.

PAi's comprehensive servicing allows financial advisors to increase assets under management with PAi's accessible contact center experts and assistance with marketing and selling initiatives.

FEATURES

For employers: - For small businesses with 2-10 total employees - True daily valuation with real-time access to information - Up to 15 investments - Non-standardized Prototype Plan Document and Adoption Agreement - Summary Plan Description (SPD) and Loan Policy - Administrative Manual and Forms Kit - Board of Directors Resolution - Government tax reporting - including 1099R and signature-ready Form 5500 - Web based contribution processing with ACH transfers - Quarterly plan summary reports for the employer and financial advisor - Annual SAR mailed to the employer for distribution - Annual Safe Harbor Notification mailed to the employer for distribution - Access to purchase a required ERISA Fidelity Bond - Accomodates integration with Social Security - Roth 401(k) feature - Toll-free client relationship support - Full-service Internet access for the employer, employee and financial advisor

For employees: - 24 hour toll free access to the Voice Response Unit (VRU) - Toll-free access to client contact center - Full-service Internet access - Quarterly statements mailed to employee's home

Click below to download a printable PDF file.