A 401k is a necessary consideration for all employers. Offering benefits that go beyond health insurance can help you find and retain the best possible talent. Those with years of experience will demand top-notch benefits from their current and future employers. In fact, a 401k can make or break a job applicant’s decision.
401k plans ensure that your employees prepare for retirement and can be an important recruitment and employee retention tool. You can use a guide to 401k to learn more about what a 401k is and how it can benefit your business and your employees.
If you’re like many businesses, you might be wondering how much a 401k will cost you. Keep reading to find out how much a 401k program might cost your business.