401k Retirement Plans

Many small businesses today would like to switch from traditional pension plans (or no plan at all) to 401k retirement plans, but lack the information to do so. There is a prevailing myth that such retirement plans are costly and labor-intensive to implement. Not so with Wellington Financial Group, Inc.

All plan record keeping, tax withholdings and filings and payroll department support is included. We also offer employer support through a single point of contact or through our website. We remove the burden of having your payroll and accounting departments running your plan to simplify it for you.

Benefits of 401k Retirement Plans

Small businesses often express disappointment that they cannot offer the same benefits as larger companies. With our 401k retirement plans, you can enjoy all the features and benefits that large companies enjoy. Wellington's record keeping technology is so cutting-edge that plans of all sizes can now benefit from the flexibility and choices that traditionally only large corporations had access to. Now you can build employee satisfaction and loyalty and give your company a competitive edge when it comes to hiring qualified people.

Finally, if you're ready to switch from traditional to 401k retirement plans, Wellington provides a seamless transition. We implement a "delegated service provider authorization" that allows us to work directly with your prior plan's record keeper and custodian in order to transfer plan assets and accounting data. With minimum employer interaction, implementing a cost-effective, flexible small business retirement plan has never been easier.