Bloomberg: Small Companies Now Have No Excuse for a Retirement Plan
Derek George / 11 Dec 2017
Ben Steverman, Bloomberg Business, explains small businesses–which are often ignored by the retirement plan industry–pay more for 401(k) plans due to the costs of administering the plans. These small plans often charge savers fees that are five or six times higher than for companies that are able to spread the cost over thousands of workers.
Ubiquity Retirement & Savings, offers an “Express(k),” a basic plan that charges a flat fee starting at $105 a month and a more customized plan starts at $175 a month.