As your company grows, things change! One of those things should be your company’s retirement plan. It should meet the changing needs of the owners and employees.
A Safe Harbor 401(k) plan is a type of retirement plan with an employer contribution that allows employers to avoid most annual compliance tests. With a Safe Harbor 401(k) plan, employers and highly compensated employees can save up to the maximum amount each year.
To learn more about how this particular plan works and if it is right for your company, check out our guide below. Then, contact us to learn more about how a Safe Harbor provision might benefit your plan and employees!