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401k Retirement Savings Plan General Info

401k General Information

Attracting and retaining employees is easier when you reward them with valuable benefits. Sponsoring a 401k program is an excellent way to compete for top talent.

Let us help. By adopting AdvanStaff HR’s multiple employer plan (MEP), you pass most (if not all) of the cost and compliance responsibilities over to us. We manage retirement plans for hundreds of employers and use our scale to save you time and money. It’s never been easier.

Not only will you save thousands each year in plan administration and audit fees, we will assume the fiduciary responsibility and allow you to get back to the business of your business.

Program Features

  • Eliminate the hassles of 401(k) plan administration
  • Full flexibility in plan design (matching, profit sharing, eligibility, vesting and more)
  • Zero cost to you and low participant costs
  • Eliminate your role as Trustee of your own plan
  • Outsource Fiduciary liability to AdvanStaff HR
  • No more IRS form 5500 to file
  • No more plan audits
  • Outsourced loan and distribution processing
  • Low cost no-load mutual funds from Vanguard, BlackRock, T. Rowe Price, American Funds, MFS and more.
  • Administrative Services provided by AdvanStaff HR
  • Clearing Services provided by Fidelity
  • Investment Committee Services provided by AdvanStaff HR
  • Investment Advisory Service provided by Slavic401k
  • Administrative Services and Recordkeeping provided by Slavic401k
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