Ubiquity

Automatic Enrollment

Adopt Automatic Enrollment in 2020 to Improve
Employee Participation and Retain Talent

Join Ubiquity in our mission to help small businesses like yours, and your employees, save for the future!

Take advantage of Ubiquity’s Automatic Enrollment service at NO EXTRA COST to improve employee participation rates, while attracting new talent. Plus, you can receive a $500 tax credit when you add auto-enrollment to your plan.

 

Overcome employee enrollment hurdles and maximize savings with Automatic Enrollment

Auto-enrollment provides employees with an effortless way to join your Ubiquity 401(k). Although 401(k) is the second most sought-after benefit following health, only a small fraction of employees participate due to the overwhelming complexities of enrollment. Ubiquity is about keeping things simple for you and your employees; no training manual required!

Prefer not to wait?

Contact Ubiquity’s Automatic Enrollment experts by calling 855.401.4357 or request a call by completing the form below.

How it works

When you add Automatic Enrollment to your existing 401(k) Plan, your employees will be automatically enrolled in the plan at a set pre-tax contribution rate of 3%.

Every year, this rate will increase by 1% until they reach 6% – at any time, they can elect to contribute more by logging on to our website and making a change to their deferrals. The great thing is that employees don’t have to initiate enrollment–it’s all automatic!

 

Other benefits of Automatic Enrollment include:

Lower the cost of Safe Harbor

3.5% Safe Harbor match is now available in Automatic Enrollment plans. Previously, the most affordable Safe Harbor match option was 4%. Ask us about Safe Harbor, a plan that helps you maximize your 401k plan contributions.

Maximize tax savings

Contribute to each employee account up to a maximum of $37,000, and contribute as much as $19,500 (2020 IRS Section 402g limit) to your own account.

Improve the Plan’s annual non-discrimination test results

with improved participation and increased employee account balances. The latter will help combat a Top-Heavy plan status.

Download our guide to Automatic Enrollment here
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© 2020 Ubiquity Retirement + Savings
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44 Montgomery Street, Suite 3060
San Francisco, CA 94104
Support: 855.401.4357

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© 2020 Ubiquity Retirement + Savings
Privacy Policy
44 Montgomery Street, Suite 3060
San Francisco, CA 94104
Support: 855.401.4357

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