Did you know OregonSaves requires all employers with one or more employees to offer a retirement savings plan? To assist our members in complying with this law*, the Oregon Restaurant & Lodging Association has partnered with Ubiquity Retirement & Savings®.
*Failure to comply with this law may be subject to enforcement action, including penalties and fines of up to $100 per affected employee.
Please fill in your information below or call 866.805.4703 for a Ubiquity Retirement Plan Consultant to assist you.
Implementing a 401(k) not only ensures compliance with the law, but can also bring your business numerous advantages and showcase your commitment to your employees’ financial well-being. Here are some of the benefits of offering a 401(k) plan:
Through our partnership with Ubiquity, we can offer exclusive member discounts of at least $125 per year AND a 50% discount on your initial setup fee (a $250 value).
Call 866.805.4703 to speak with a retirement specialist.
You can either choose the state plan with limited options or you can choose the better plan, the one thousands of your fellow Oregon small business owners have chosen: the Ubiquity 401(k).
OregonSaves IRA
Ubiquity 401(k)
Maximum employee annual contribution amount
$6,500
$22,500*
Total annual contribution limit (e.g. employer match, Roth contribution)
None
Yes, up to an additional $43,500**
Flat fees that don’t change based on savings amount
No
Yes
$15,000 credit to offset setup costs1
No
Yes
Flexible auto-enrollment and vesting schedules
No
Yes
Investment guidance based on individual risk tolerance
No
Yes
* This limit is subject to cost-of-living increases for later years.
** Eligible employers may be able to claim a tax credit of up to $5,000, for three years, for ordinary and necessary costs of starting a 401(k) plan. IRS’ qualifying factors are: you had 100 or fewer employees who received at least $5,000 in compensation from you in the preceding year, you had at least one participant who was a non-highly compensated employee (NHCE) and in the three tax years before the first year you’re eligible for the credit, your employees were substantially the same employees who received contributions or accrued benefits in another plan sponsored by you, a member of a controlled group that includes you, or a predecessor of either. Those plans with automatic enrollment can claim a tax credit of $500 per year for a 3 year taxable period.
Ubiquity was the first 401(k) plan provider in the industry to offer flat fee pricing–and our pricing is among the lowest available. No matter how big your plan assets get, you’ll pay the same low fee.
Simple, flat fees
Yes
No
Charges assets under management fees
(the larger your 401(k), the more you pay)
No
Yes
As a small business, it was important for us to find an affordable and responsive company to administer our retirement platform. Not only do we appreciate the reasonable and transparent fees, we have received great customer service, a user friendly web platform, and a competitive retirement option for our employees.
— Jennifer M. Patronski
1 Please refer to Important Information for details.
© 2023 Ubiquity Retirement + Savings
Privacy Policy
44 Montgomery Street, Suite 300
San Francisco, CA 94104
© 2023 Ubiquity Retirement + Savings
Privacy Policy
44 Montgomery Street, Suite 300
San Francisco, CA 94104