At Sallus, we started from scratch to build a 401(k) solution that leverages features designed to make things simple for small businesses like yours.
Small businesses can vary widely in how they run payroll. Flexible payroll integration that aligns with your existing systems is essential when adding a retirement plan. You will be assigned an experienced payroll concierge to evaluate your unique needs and set you up with the best solution.
Small businesses aren’t alone in picking their 401(k) investments. Sallus has retained some of the world’s best investment managers to create pre-packaged investment lineups. You will have funds in your lineup that would be harder to access as an individual investor at a cost that is hard to beat.
Behavioral finance indicates that opting into a 401(k) with the option of opting out is more effective than the reverse. Sallus automatically enrolls your employees in the 401(k) plan to maximize their opportunity for retirement savings success. Each employee can decide to opt-out if they choose.
Small business employees are busy enough without worrying about managing investment portfolios over time. The Sallus 401(k) offers funds that automatically re-balance investment portfolios over time to keep employees on track based on their ages and time to retirement.
401(k) savings are pre-tax, which reduces take-home-pay impact. Sallus starts each participant at a 6% savings rate to get used to how it will affect their paycheck. We build momentum and increase the savings rate by 1% annually over the next four years with the option to adjust anytime.
Proper guidance and communication are critical 401(k) success factors. The Sallus digital 401(k) experience will provide what you need to know and precisely when you need to know it. Easy-to-digest notifications and reporting come standard with the Sallus 401(k).
If you are interested in working with a financial advisor, Sallus can match you with one of our trusted advisors to help you join the Sallus business 401(k) community.
