A Full Suite of 401(k) Plan Features
401(k) plans are designed to be flexible in helping employees meet their financial goals—and make it easier for plan sponsors to manage 401(k) benefits. Every ShareBuilder 401k plan offers an abundance of features that can help make your plan a success.
Features We Offer for All Plans
Our founding principles of providing easy, affordable and smart retirement plans are the bedrock of ShareBuilder 401k. We designed our investment offerings to combine diversification and low expenses, selecting a high-quality, low-cost ETF fund lineup managed by our expert Investment Committee.
Automatically enroll your employees into the program to help them get on the road to saving.
Qualified default investment alternatives (QDIA):
For auto-enrolled employees or those who roll other monies in, if they haven’t selected an investment direction, QDIA puts money in an appropriate portfolio, which also protects the employer from a potential employee complaint.
For those not comfortable picking from the investment roster, model portfolios allow participants to use both their level of risk-aversion and their time until retirement to help pick an appropriate model portfolio.
Participants can keep the appropriate amount of assets in each asset category (equity, fixed income, cash) and maintain it by taking advantage of auto-rebalancing. Asset allocation is often considered the most important aspect to manage when planning on how to achieve goals that are in line with an individual’s risk tolerance.
This feature allows an employee to make after-tax contributions to a 401(k), up to the current employee contribution limits. Once in retirement, these funds aren’t taxed—even the earnings—during withdrawal. Note that by regulation, all employer matches are made pre-tax. Employees have the option to use or not use the Roth 401(k) feature.
Videos, guides and tools:
Many employees are eager to learn on their own. We provide a suite of ways to do just that, while also providing in-person and care center teams to help, too.
Money management and access features.
- Employee and employer contributions are online and automated with many top 401(k) providers
- Employee loans and hardship withdrawals options with review for approval capabilities
- Employee distributions
- Automated IRA rollovers
Plans sponsor management made easy and online.
- Adding/terminating employees
- Seamless payroll submissions
- Compliance testing
- Profit sharing
- Signature-ready Form 5500s
We offer most ERISA-compliant plan options available, from Safe Harbor and traditional plans with vesting, to advanced profit sharing or even more unique designs such as Davis-Bacon.
We Can Help You Compare Plans
If you want some guidance in determining whether your plan makes the most financial sense for you and your employees, we can help by reviewing your costs and even forecasting the impact.