Axios’ co-employment and payroll clients have access to our John Hancock 401(k) Multiple Employer Retirement Plan, relieving the client company from fiduciary responsibilities.
Advantages to clients include:
- No Fiduciary Responsibilities
- Axios Plan Qualifies for the John Hancock Fiduciary Standards Warranty
- John Hancock Guarantees Their Investment Selection and Monitoring Process
- Plan Document Reviewed and Updated Annually Or As Needed
- Annual 5500 Reporting
- Top Heavy Testing
- ADP/ACP testing
