Safe Harbor 401(k)


Set-up for $499, due at sign-up.
Annual Form 5500-SF filing $499, due at year-end. Click for more details on pricing.

Safe Harbor 401(k) Plans offer advantages for employers who want to provide company incentives to their employees, without the hassle of complicated plan testing and administration.



  • Employees can contribute up to IRS maximum
  • Employer contributions are 100% vested
  • Employer can choose between Safe Harbor Match formula or Safe Harbor Non-elective formula
  • Not subject to ADP/ACP discrimination testing
  • Unlimited Investment Options
  • Can offer Loan or Hardship Features
  • Roth options are available


  • Employers with HCEs (highly compensated employees) who want to make maximum contributions without worrying about mandatory discrimination or top-heavy testing
  • Employers who want to simplify administration, who are already contributing an employer contribution that meets or exceeds the safe harbor contribution requirement
  • Any size company can adopt a Safe Harbor plan
  • Companies that wish to make fixed or matching employer contributions
  • Companies who want to attract employees by offering 100% vested employer contributions
  • Current plans that consistently fail the ADP/ACP testing
  • Current plans that are required to make a top-heavy minimum contribution
  • Companies who would prefer higher employee / employer contribution limits and more flexibility than a SIMPLE 401(k) plan


Do you want to give contributions to ALL eligible employees?

You should elect Safe Harbor Non-elective Contributions.(The Company will contribut 3% of each eligible participant’s salary)

OR

Do you want to contribute ONLY to those employees who are deferring?

You should elect Safe Harbor Matching Contributions.(The company will match 100% of the participant’s deferrals up to the first 3% of salary, and 50% up to the next 2% of salary for a total match of 4%)


* Please note that this fee will be applied to your setup fee when you sign up. This fee will be waived for clients who are working with a Financial Advisor.
Explanation of Service Fee
Plan Illustration and Consultation $99*
Initial Setup Fee $499
Conversion Fee $499
Annual Administration including filing of IRS Form 5500-SF
Eligibility criteria for 401(K) SafeHarbor plan
$499
Additional Services (if applicable)
Annual Per Participant Fee $10
Distribution Processing Fee (if applicable) paid by employee $125
Loan Processing Fee (if applicable) paid by employee $125
Form 5558 Extension (if applicable) $99
If census and asset data is not received by June 28th of the following year $99
Plan Document Maintenance $125
Plan termination $699

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