Do Better than Maryland$aves — Get a Ubiquity 401(k)

Flat Fee Structure (End up with over $1,387 more with us over 30 years)¹
Secure 2.0 Tax Credits of up to $16,500² (not available with CalSavers' IRA plan)
Choose from 30k Mutual Funds + ETFs + ERISA 3(38) Plans
Streamlined Payroll Integration
Live Customer Support

24 years of expertise pioneering 401(k)s

Trust the only small business 401(k) provider ranked #1 in Google reviews.

Call 866.315.5205 or schedule a free consultation with a retirement specialist.

Sole Proprietor

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Top 5 Reasons a Ubiquity 401(k) Beats the Maryland State Plan

Qualify for up to $16,500 in tax credits that aren’t available with the state-run IRA
A Ubiquity 401(k) 100% complies with the Maryland state mandate requirements
A Ubiquity 401(k) could help save more in personal and business taxes than the Maryland state plan while lowering taxable income
A Ubiquity 401(k)s plug-n-play payroll integration saves time and prevents stress by integrating payroll and automating plan administration
Transparent, flat fee structure

Secure 2.0 Legislation Tax Credits Cover Your Costs

The passage of Secure 2.0 means there’s never been a better time to open a 401(k) plan for your small business. Combining the new law’s benefits with our affordable, flat fees¹ is a double win for small businesses like yours and your employees.

Three years of tax credits that fully pay for new 401(k) setup and admin fees. Your small business with up to 50 employees can now get a credit of up to 100% of plan expenses (not to exceed $5,000 annually). Over three years, this credit could be worth $15,000!
Automatic enrollment credit of $500 per year to employers whose plans have automatic enrollment. Credit is applied each year for the first three years of the plan. With Secure 2.0, certain plans will be required to have auto-enrollment, and starting in 2025, auto-enrollment will be required universally.
Employer match credit granted to small business employer matching contributions to an employee’s 401(k), up to $1,000 of credit per employee per year.

Qualify for up to $16,500 in tax credits

See how much you can save.

As a small business, you could qualify to earn up to $16,500 in tax credits over a 3-year period by starting a qualified retirement plan with auto-enrollment.

Year 1

Year 2

Year 3

Total

Start-Up credit up to ? Start-up Credit is $250 per non-highly compensated employee but no less than $500 in total and not to exceed $5,000 per year. The credit shall not exceed 50% of total cost per year. The start-up credit is available for the first three years of the plan.

Auto-enrollment credit up to ? Annual credit of $500 applies to plans who add an automatic-enrollment provision to the 401(k) Plan.

Total tax credits up to

Slide left/right to see full table.

This calculator is for illustration purposes only and should not be construed as tax advice. Users should consult a tax professional regarding specific tax needs, credit availability and amount. For further information please visit the IRS website.

Ubiquity is the #1 Ranked 401(k) Provider — Highest Customer Satisfaction in the Industry³

Provider

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Ubiquity

4.3/5^*

4.6/5

4.5/5

You Can Save Up to $1,387 More Money With a Ubiquity 401(k)

Ubiquity Flat Fee versus Maryland 401k chart
It’s hard to believe, but it’s true. Ubiquity has only flat fees that do not cost you more as your retirement savings grow. But with MD’s state plan, your fee will get bigger and bigger as your retirement balance grows over the years. Over 30 years, you could end up with over $1,387 more money with us vs. using the Maryland state plan⁴. The better plan is clear — the Ubiquity 401(k)!

Let’s look at the following example:
Jennifer and Joshua each have retirement plans that they contribute $6,000 to every year. Jennifer’s plan is with Ubiquity Retirement + Savings and her fees are flat $6/month. Joshua’s plan is with Maryland$aves and his annual asset based % fee is 0.18% plus $30/year.

It grows an average of 10% every year. At the end of 30 years Jennifer’s account is worth $1,088,436, with fees of $16,146 with her Ubiquity 401(k).

Joshua’s account is only worth $1,087,049, with fees of $18,276. Don’t be like Joshua — keep your money. Ubiquity’s flat fees could help you end up with over $1,387 more over 30 years vs. Maryland$aves IRA⁴.

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How many employees do you have?

I am a sole proprietor
(just me/or my business partner/spouse)

Or schedule a free consultation with a retirement specialist.

How does the Maryland$aves IRA stack up to our most popular small business retirement plan?

You can either choose the state plan with limited options or you can choose the better plan, the one thousands of your fellow Maryland small business owners have chosen: the Ubiquity 401(k).

State Plan

Ubiquity 401(k)

Maximum employee annual contribution amount

$6,000

$22,500*

Additional annual employer contribution limit

Not offered

Yes, up to an additional $43,500**

Flat fees that don’t increase with your account balance

No, asset-based fees

Yes, flat fees

$15,000 credit to offset setup costs²

No

Yes

Flexible auto-enrollment and vesting schedules

No

Yes

Investment guidance based on individual risk tolerance

No

Yes

Employee enrollment meetings and education

No

Yes

Auto-enrollment and escalation

Required at mandated levels

Optional and flexible

Customizable investment lineups

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.

Choose a Better Path to Savings

maximum savings contribution Ubiquity Start your Ubiquity 401(k) today.

Call toll-free 866.315.5205 to get started.

1 Decimal, Inc. charges flat fees for recordkeeping and administrative services. Third-party service providers may assess asset-based fees to customers. We advise Plan Sponsors to review all service agreements with providers, such as investment advisors, custodians, and broker-dealers, to evaluate the total cost of the plan.

2 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.

3 Decimal, Inc. conducted an evaluation of four small-business 401(k) providers in the marketplace by analyzing independent customer reviews on Google, Trustpilot, and the Better Business Bureau, as reported by unaffiliated contributors on or before September 30, 2022, with a revaluation date of January 12, 2023. The evaluation resulted in a higher score for our company compared to the other providers. We strive to provide excellent service to our customers and appreciate their feedback. Google ratings for Ubiquity Retirement + Savings products and services are determined by customer reviews. The rating calculation methodology is available here. The rates shown were last updated on January 12, 2023, and are based on reviews from 2014 to 2023.

4 This calculation assumes the following scenario: Jennifer and Joshua each have retirement plans that they contribute $6,000 to every year. Jennifer’s plan is with Ubiquity Retirement + Savings and her fees are flat $6/month. Joshua’s plan is with Maryland$aves and his annual asset based % fee is 0.18% plus $30/year. It grows an average of 10% every year.

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Do Better​ than Maryland$aves — Get a Ubiquity 401(k)