Most people think of participant-directed 401(k) plans when they think of business retirement plans. Benetech has a number of options to choose from for participant-directed 401(k) plans, including:
Choose from some of the best-known investment platforms in the industry, known for shared expertise and seamless service.
Participant accounts at the branch-level.
Many small employer-sponsored plans do not use 401(k) provisions. Such plans include Profit Sharing plans and Defined Benefit Pension plans. These non-401(k) plans generally use a “pooled” investment account and the owner generally directs the investments. They are commonly custodied in one investment account at a brokerage firm. This is the standard investment structure for retirement plans other than 401(k) plans.