I have a SEP/SIMPLE, how does it compare to a 401(k)?

A 401(k) offers the most flexibility, the highest contribution limits, and the greatest tax savings opportunities for you, your business and your employees.

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What makes your plan better than what other providers offer?

Intuit 401(k) is affordable, designed for small businesses, and easy to set up and maintain.

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What’s the pricing?

You can have an Intuit 401(k) plan for your business for as little as $75 a month.

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What does your pricing include?

The Intuit 401(k) is a fully bundled service, we take care of all administration, record keeping and offer investments through Morningstar Investment Services.

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Is the employer required to make a matching contribution?

An employer match is available, but it is not required.

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How does this integrate with my payroll?

Intuit 401(k) integrates with Intuit Online Payroll, but you can use Intuit 401(k) no matter what payroll you use.

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What if my employees don’t know anything about investing? What type of assistance do you provide?

Investments are carefully selected and monitored through Morningstar Investment Services Managed Plan SolutionsSM. Investment education is also available online for your employees.

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What is a safe harbor plan and how does it work?

Safe harbor exempts your plan from the non-discrimination testing requirement, designed to ensure that highly compensated employees can't contribute significantly more to the plan than non-highly compensated employees. If you elect this feature, you provide a mandatory match of 100% (dollar for dollar) on deferrals of at least 4% of employee compensation deferred.

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What if I have questions - what kind of assistance can I expect?

If you have 401(k)-related questions, our expert support representatives are there for you. Ongoing assistance is available via e-mail, phone, or an array of online tools and guides.

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What if my employees have questions - who can answer them?

If your employees have 401(k)-related questions, you don’t have to worry about being the 401(k) expert. Our expert support representatives provide ongoing assistance to your employees via e-mail, phone, or an array of online tools and guides.

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How much will the retirement plan cost our employees?

A flat fee will be applied to the participating employee’s account on a monthly basis, not to exceed $3 or 1% annually of a plan participant’s balance at any time. Any other potential fees will vary, depending on the structure of your company’s plan.

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How do I contact the service team?

You can contact the client service team M-F, 8:30 am to 5:30 pm PT Toll-free at 855.705.4357

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