Employee Benefits
Adding a 401k plan to your employee benefits package makes a lot of sense from an employer's standpoint. First, you can attract better employees. Many job-seekers won't work for a company that does not offer a retirement plan. They see such plans as a requirement, and appreciate the extra compensation offered in the form of matched retirement contributions. Also, raises can increase retirement benefits, so offering a 401k plan encourages employees to perform well in order to receive more money to put toward retirement. Finally, some retirement plans offer more benefits over time. The longer employees stay with your company, the more benefits they will receive, so offering a 401k plan will also boost retention rates.
Wellington Financial Group, Inc. helps small businesses just like yours offer employee benefits for retirement. We offer a low-cost solution that's easy to administer, yet offers employees a wealth of choices when it comes to managing their portfolios. For example, plan participants can access and manage their accounts anytime through schwab.com. For participants who do not wish to create and manage their portfolios themselves, they can fully delegate the management of their account to an investment professional. It's an automatic program that they will not have to worry about once it's set up.
Better Small Business Employee Benefits
Usually, large corporations are able to offer their employees better and more flexible employee benefits than small businesses can. In this case, you can offer to your employees a plan that is better than those found at large corporations! Wellington Financial Group, Inc.'s 401k plan offers the convenience of easy online enrollment, personalized computer service help, full account transaction capabilities over the phone or online, and access to research and education and planning tips online at no extra charge. Wellington will also provide personalized advice to your employees.
Wellington Financial Group, Inc. believes that education and planning are crucial to successful investment portfolio management. That is why we offer plan participants web-based education and multimedia materials that explain investment basics and how to design investment strategies. With features like these, you can't help but keep your employees happy.