more affordable 401(k)
plan for small businesses
Investments grow freely with SaveDay®
We offer the best retirement benefits at absolutely NO cost, and NO heavy-lifting for you — the employer. We sync with your payroll provider. We onboard your employees. We take care of your plan administration and compliance testing.
How we’re right
SaveDay® is the advisor, administrator, and broker-dealer for your 401(k) plan, making it easier and more affordable to offer the best plan for your employees
No Set-Up Fee
You and your employees receive high-quality and personalized advice in setting up the best retirement investment plan for your employees, at no cost to employers.
No Monthly Fee
Traditional business retirement plans are riddled with fees and create unnecessary burdens on employers, which prevent them from offering a 401(k) plan.
No Per Employee Fee
Whether they are automatically enrolled or sign up on their own, each employee can create a SaveDay® account quickly with online enrollment. Same with new hires.
everything you need
Your employees have access to index funds from leading fund managers. We’ll even help them choose the right managed portfolio with blended average fund fees of 0.06%.
As your recordkeeper, SaveDay® tracks all of your 401(k) plan’s balances, transactions, withholdings, and deferrals.
SaveDay® performs nondiscrimination testing and manages any required corrections. Our compliance-friendly Safe Harbor plans are also available to businesses of any size.
For eligible plans, SaveDay® acts as your ERISA 3(16) and 3(38) plan fiduciary.
As the broker-dealer, we work directly with a third-party custodian to validate transactions and execute trades. Your 401(k) plan takes advantage of the savings.
SaveDay® also has you covered by preparing annual reports for no extra fee, including Form 5500 and 8955.
SaveDay 401(k)The Perfect Price Point
- Your personalized 401(k) is just a few clicks away!
Find out just how affordable a 401(k) from SaveDay® really is!
$0 is about as transparent as you can get! That’s right, you can give your employees what they want at the most affordable price.
to get started
Design Your 401(k)
Speak with our 401(k) specialists to choose the plan that best fits your business.
Connect with Payroll
SaveDay® works with your payroll provider to process contributions and add any new employees who join your company.
Invest in Your Retirement
SaveDay® onboards your employees for you. They set their contribution rates, make investment choices, check balances, and make updates.