eligible employees, IRS compliance testing, 401k prototype plans, 401k matching contributions, 410(k) loans, hardship withdrawals, prototype plan, and employer contributions vesting information

1. What are the three main advantages Advisors 401(k) has over other 401k plans?

2.  What are the two main differences between Advisors 401(k) and other 401k plans?

3.  What is a "prototype plan"? What does it mean that Advisors 401(k) includes one?

We're always here to answer your questions.

4.  We already have a 401k plan, but it's a headache, and costs a fortune. Can we switch to Advisors 401(k)?

5.  Can we hire you to set up and run our 401k? What's the cost?

6.  We've never sponsored a 401k plan before. Will someone help us with deciding the particulars?

7.   What if we start with a run-it-yourself plan, then later decide we want an outside-serviced plan?

8.  Can Advisors 401(k) handle matching contributions? Are they mandatory? Do we have control over matching contribution rates and vesting schedules?

9.  Does Advisors 401(k) let us exclude part-time workers from receiving matching contributions?

10.  Can Advisors 401(k) handle 401k loans? Are they mandatory? Do loans increase the price of Advisors 401(k)?

11.  Can Advisors 401(k) handle hardship withdrawals? Are they mandatory?

12.  What kind of investments are available with Advisors 401(k)?

13.  Do we repurchase Advisors 401(k) every year? Does that get expensive?

14.  Why do we pay for "eligible employees," not just those who participate in the plan?

15.  How does Advisors 401(k) help keep our 401k in synch with IRS regulations?

16. Does Advisors 401(k) help with compliance testing?

17.  Does Advisors 401(k) help with year-end tax reporting?

18.  What other reports does Advisors 401(k) create -- and do these reports save us time?

 

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