Employees worry about retirement. They often look to their employer for savings options and cite retirement plans as an important reason to stay with a company. Although offering a 401(k) plan helps companies attract and retain top talent, many business owners assume it’s cost-prohibitive. FrankCrum can help.
Why Aren’t You Offering A 401(k) Plan?
Are you afraid of the price tag or the hassle? Think again. Adopting a PEO’s retirement plan makes good business sense.
68% of employees site outliving their retirement savings as a significant source of financial stress.
52% of employees expect to postpone retirement due to finances. (Metlife Employee Benefits Trend Study, 2019)
Offering a retirement plan is not as expensive as you may think. Partnering with FrankCrum provides access to our Multiple Employer 401(k) plan, which leverages the buying power of our sizeable group to drive down costs.
They make everything easy so that I can focus on my core business functions. I really appreciate all of the online functions available (reports, payroll, tax info, etc.). Thanks for taking care of us!
One of the very nice things about working with FrankCrum is that they listen. They listen to what I have to say and they’ll make suggestions, and they’ll work with me to find a solution. They tend to be very proactive with what needs to be done.
