Certain providers are more advanced than others, but most 401k platforms now deliver fundamental cloud-based tools to streamline administration and enhance employee communication. The advantages are clear, including:
We work with various 401k providers who get high marks for integrated technology. Our preferred partner for many small to mid-sized employers is BenefitGuard. Following a full industry review we completed recently for changes to our own 401k plan, we found Benefitguard to be best-in-class for it’s highly efficient, user friendly platform. In addition, BenefitGuard comes in as one of the lowest cost (if not the lowest cost) providers in the 401k market today. A winning combination.