Companies that contract with Axios HRS in either the Co-employment service model or payroll service model, have access to our 40l(k) Multiple Employer Retirement Plan.
Client advantages:
- John Hancock ranked as No 1 provider of 401(k) plans
- No fees associated with annual 5500 reporting, ADP/ACP testing
- Lower expense ratios per participant
- No plan document fees
- No fiduciary responsibilities
- Large number of funds to choose from – all asset classes well represented
- No participant fees for quarterly reporting
- Excellent participant communication, statements, and website
- Independent financial advisor available to all participants