The U.S. is facing a looming retirement crisis. By 2035, nearly 20 million retirees will be living in poverty or near-poverty. By 2050, that number will reach 25 million. This isn’t just a problem with not saving enough— over 40 million employees – especially those working at small businesses, don’t have access to a work-sponsored retirement savings plan. Since 1999, we have worked to provide thousands of small businesses affordable ways to save like never before. Alleviating the savings gap is at the heart of what we do, and with your help, our impact will continue to spread.
Ubiquity’s Referral Program (“Program”) is open to all individuals. To participate in the Program, referring party (“Referrer”) must submit all required fields asked above. In order to be eligible to receive credit, the new referred client (“Referee”) must not be a current Ubiquity customer, and must open either an Express(k) or Custom(k) plan with Ubiquity. If the Referrer is a third party and not an existing client, the referral reward of $400 (“Reward”) will only be paid to the Referrer when the Referee pays their first invoice. If the Referrer is an existing client, when the Referee pays their first quarterly invoice, the Referrer will receive a credit for the equivalent of 2 months of the administration fee based on Referrer’s plan. Regardless of whether the Referrer is an existing client or not, Referee’s second invoice will receive statement credit ofor the waived set-up fee and credit for the equivalent of 2 months of the administration fee based on the plan purchased by the Referee.
After the Referrer’s 10th Referee pays their first quarterly invoice, a credit will be made to the Referrer’s next quarterly invoice for the equivalent of 12 months of the administration fee based on the plan purchased, and each of the Referrer’s 10 Referee’s will also receive a similar 1 month credit on their quarterly invoices for the equivalent of 1 month of the administration fee based on their plan purchased.
Referrers will not receive credit for referring themselves. Referrers are limited to referring their own friends, colleagues, family members, and direct acquaintances whom they believe would be interested in opening a group 401(k) plan. Any referred clients must be able to personally identify their referrer. Ubiquity reserves the right to disqualify anyone from this Program at any time. Anyone who violates these official rules is ineligible for payment of any bonus.
The Program supports referrals to Ubiquity’s Express(k) and Custom(k) products, and no payments will be made for referral to other Ubiquity products.
If the referee’s plan is canceled for any reason within 90 days of the effective date, Ubiquity will waive the standard cancellation fee.
If you participate in the Program you agree not to solicit applications for any Ubiquity products. You agree not to compensate, or accept any compensation from, applicants whom you refer to Ubiquity through the Program. You further agree that your activities will be limited to informing your contacts about Ubiquity’s products so that they may independently decide whether or not to purchase a 401(k) plan. You may not collect information on behalf of your contacts or assist them in purchasing a 401(k) from Ubiquity.
You must comply with all applicable laws and regulations, including anti-spam laws. Any distribution of Program materials, including by email or social media, must be done in a personal manner and must be in a form approved by Ubiquity in advance. Bulk email distribution and any use of automated devices or third party services is prohibited. Program materials should only be sent to your own friends, colleagues, family members, and direct acquaintances whom you believe to be interested and eligible for a Ubiquity group 401(k) plan. Participants may not purchase internet search terms or publicly advertise Ubiquity products, or name in any fashion. Further, any distribution of a Program materials that could constitute unsolicited commercial email or “spam,” any content which impersonates or implies an affiliation with or endorsement by Ubiquity, or any actions which otherwise violate any conditions imposed by Ubiquity, are prohibited and will be grounds for immediate termination.
Your participation in the Program is solely as an independent contractor. Neither you nor Ubiquity intend to establish an employment relationship and you are not entitled to any benefits. If the cumulative welcome and bonus rewards paid to an individual in a one calendar year exceed $599 USD, then form W-9 may be required to be completed prior to funds disbursement. Any payments that are not claimed within 180 days of the date the funds have been made available because direct deposit bank account or required tax information have not been provided are subject to forfeit. Ubiquity reserves the right to change or eliminate the Program at any time.
This Program replaces all earlier versions of the Ubiquity Referral Program.
Ubiquity reserves the right to amend or terminate this program at any time. Any referral rewards are not transferable and not redeemable for cash.