A standard 401(k) benefit typically costs $800-$1,200 to implement and $1,200-$2,500 a year to maintain.  Active BIA members pay nothing to adopt the plan, and $0 to maintain.  No additional employer fees will ever be charged.

 

The retirement platform handles 90% of the tasks typically required of a company's staff.  These tasks include the processing of loans, hardships, distributions, rollovers, payroll-census integration, enrollments and participant notifications.

 

80 Investment options from the most popular fund families, including Fidelity, American Funds, Franklin, Blackrock, Russell, Vanguard, State Street Global Advisors, Putnam, and more.  Fund managers are actively monitored and held to a strict criteria of performance, style consistency, fees & expenses, investment process and organization.

 

 

 

Strength in Numbers

 

 

The BIA 401(k) plan is treated as one large plan from a pricing and tax-filing standpoint, even though each member is able to customize their own plan's design. 

 

What this translates to is your company, regardless of  whether you already have a plan or how big it is, is treated     as if it has a very large benefit plan with a large pool of assets - which means better pricing and a better service model!