Are You Maximizing the Power of Profit-sharing?

Are You Maximizing the Power of Profit-sharing?

What is Profit-sharing? Profit-sharing is a type of defined contribution retirement plan that allows employers to share a pre-tax percentage of their company’s profits with employees. They are popular with business owners because of their flexibility. The...
CalSavers: What You Need to Know

CalSavers: What You Need to Know

There’s long since been a coverage gap in the retirement industry, especially when it comes to small businesses.  In fact, according to LIMRA, only four in ten small businesses offer any type of retirement benefit to employees. As a result, too many Californians are...
Safe Harbor 401(k): A Quick Guide

Safe Harbor 401(k): A Quick Guide

Is a Safe Harbor 401(k) Plan right for your business? There are several types of 401(k) plans and features available to employers that have different rules, requirements, and advantages. It is important for employers to be familiar with the details of plan options so...
7 Highly Effective Employee Retention Strategies

7 Highly Effective Employee Retention Strategies

Employee turnover is a huge problem. For one, it’s an expensive problem. Some studies predict that every time a business replaces a salaried employee, it costs 6 to 9 months’ salary on average. For a manager making $100,000 a year, that’s $50,000 to...
High turnover? Here’s how to fix it.

High turnover? Here’s how to fix it.

Do you believe that 401(k) plans are only for large businesses? Think again. Today’s top employees want more than just a good paycheck. Offering a retirement plan is a no-brainer for winning the talent war! After all, the days of retiring with a pension and...