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Start saving right away — enjoy $0 base fee for 12 months

Meet Oregon’s retirement mandate with a simple, powerful Guideline 401(k), and get 12 months with a $0 base fee.1

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Gusto is not a client of Guideline. Guideline pays a fee for each 401(k) and SEP IRA client referred by Gusto as outlined in our written arrangement with Gusto. We'll provide additional disclosures prior to opening an account with Guideline. See our Privacy Policy to learn how we use and protect your information.

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customer satisfaction score2
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The mandate in a nutshell

OregonSaves was established in 2017. It requires Oregon business owners with at least one employee to offer the state-sponsored plan or a qualified alternative like a Guideline 401(k).4 Compare your options
  • 1+ employees

    July 31, 2024

Meet the mandate and more with a Guideline 401(k)
  • Magnifying glass with check mark inside, simple icon.

    Simple setup

    Get started in 20 minutes. We’ll help you choose a plan that meets the mandate and your business’s goals.
  • Lightening bolt simple icon.

    Automated busywork

    Our custom built integration with Gusto means no need to maintain deductions or manually re-enter payroll data.

  • Two hands shaking simple icon.

    Live support

    You and your team get access to live support, guided employee onboarding, a mobile app, and more.

Compare OregonSaves with Guideline Starter

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OregonSaves
  • Retirement plan type
    Starter 401(k)
    Roth IRA
  • Maximum employee contributions for 20245
    $6,000
    $7,000
  • Employee asset-based fee
    0.15%
    ($15 for every $10,000)6

    0.40%

    ($40 for every $10,000)7
  • Additional active employee fees
    None8
    $16/year account fee
    (charged quarterly at $4 each quarter)
  • Monthly employer fee
    $39 / month + $4 per participant
    (get $0 base fees for 12 months)
    None
  • Investment options
    40
    14
    (Including Indexed Funds)
  • Professionally managed portfolios
    6
    0
  • Employer match
    No
    No
  • Profit sharing
    No
    No
Stay compliant. Set up a Guideline 401(k) in just 20 minutes.
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Looking for a more robust plan? Look no further.

Starter 401(k) plans do have limitations like lower contribution limits and no employer contributions. If you’d like to set up a plan with more options and flexibility, you may want to consider Core or Enterprise.9
Andrew C.Agema Labs
Guideline 401(k) is so easy to set up and manage. The user experience is great, and so is the customer service. I've used two other 401(k) providers in my career and Guideline is painless in comparison.Client of Guideline. Views may not be representative of other clients.
Get a retirement plan you and your team will love
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Oregon retirement mandate FAQs

What is the mandate?

The OregonSaves Program was created to encourage more people to save for retirement. It requires Oregon employers with 1 or more employees to provide access to a retirement plan. The plan can either be a private plan like a 401(k) or the state-sponsored plan.

Which employers are impacted by the retirement mandate?

You are eligible to participate in the OregonSaves Program if:

  • Your business is registered to conduct business in the state of Oregon
  • Your employees must be 18 years old to enroll in OregonSaves
  • You don’t currently offer a qualified retirement savings program to your employees
  • You have 60 days from the date of hire to enroll a new employee in OregonSaves or accept their election to opt out of the program.

Are there penalties for not offering a retirement benefit?

Yes. Employers that are out of compliance may be subject to enforcement action, including penalties and fines.10

Does Guideline satisfy the retirement mandate?

Yes. All of Guideline's 401(k) plans are designed to satisfy state program requirements and are priced to be affordable for businesses of all sizes.

Can I move from Guideline Starter to a standard 401(k)?

While it is possible for a plan to convert from a Starter 401(k) to a standard 401(k) plan at Guideline, the transition cannot take place until the beginning of the next calendar year. Learn more here.

  • 1
    Employer fees include the monthly base fee charged to the 401(k) plan sponsor after the plan begins. Monthly participant fees and participant-paid fees are not included in this promotion and will still apply. See our Form ADV 2A Brochure for additional information regarding our fees. This offer ends June 30, 2024 and can’t be combined with other offers. We reserve the right to modify or discontinue this promotion at any time without prior notice.
  • 2
    Guideline’s average plan sponsor satisfaction score (CSAT) based on feedback received from 1/1/2023 to 12/31/2023.
  • 3
    Forbes Fintech 50, 2022
  • 4
    Guideline has prepared this summary from third-party sources as of April 30, 2024. The information herein is considered to be reliable at the time of writing, may not necessarily be all-inclusive, is not guaranteed as to accuracy and is subject to change at any time without notice. The information provided herein is general in nature and is for informational purposes only. It should not be used as a substitute for specific tax, legal and/or financial advice that considers all relevant facts and circumstances. Investing involves risk and investments may lose value. You are advised to consult a qualified financial adviser or tax professional before relying on the information provided herein. Deadlines, fees, and other program details are subject to change by the state without notice and should be checked prior to making any decisions. If you already offer a qualified employer-sponsored plan, exemptions may be required. Please consult with your states specific exemption information:https://oregonsaves.vestwell.com/register/employer or OregonSaves. for more details.
  • 5

    Subject to IRS cost-of-living adjustments. In 2024, individuals can contribute up to $7,000 between their traditional and Roth accounts. If you’re 50 or older, you can contribute an additional $1,000 ($8,000 in total). Starter 401(k) employee can contribute up to $6,000, If you’re 50 or older, you can contribute an additional $1,000.

  • 6
    Information shown here assumes a static balance of $10,000 per month, an assumed annual account fee of between 0.15% on assets under management (calculated and deducted on a monthly basis at 1/12 of the annual stated rate based on the month-end account balance) and does not account for common factors that affect the value of your account balance over time such as gains, losses, distributions, additional contributions, etc. It’s not intended to be taken as investment advice or as an assurance or guarantee of future performance. The fee presented does not include other fees that an IRA owner may incur, including, but not limited to, from mutual fund expense ratios. Alternative account fee pricing is available for the Core and Enterprise plan tiers, ranging from 0.15% to 0.35%. Contact Sales at hello@guideline.com to learn more about exclusive pricing options available in Enterprise tier. See our Form ADV 2A Brochure for more information regarding fees.
  • 7

    Information shown here assumes a static balance of $10,000 per month, and the Program Administrative Fee of 0.40% on assets under management. Per the OregonSaves program, The Total Annualized Asset-Based Fee is assessed against assets over the course of the year. It includes the Underlying Fund Fee and the applicable Program Administration Fee. The fee is expressed as an annual percentage of the average daily net assets of each Investment Option. For each Investment Option, the Underlying Fund Fee is derived from the expense ratio reported in each Underlying Fund’s most recent prospectus as of April 30th, 2022. Each Investment Option indirectly bears the expenses of the Underlying Funds; so when fees are deducted from an Underlying Fund’s assets, the value of the Underlying Fund’s shares is reduced. Actual Underlying Fund expenses may vary and are subject to change. ⁷The fee presented does not include other fees that a 401(k) participant may incur, including, but not limited to, from mutual fund expense ratios and a monthly maintenance fee to participants who end employment.

  • 8
    The fee presented does not include other fees that a 401(k) participant may incur, including, but not limited to, from mutual fund expense ratios and a monthly maintenance fee to participants who end employment.
  • 9

    Alternatively priced plan tiers are also available. Go to https://www.guideline.com/pricing for further information. You should consult a tax professional and/or Financial Advisor to determine the best tax advantaged retirement plan for your situation.

  • 10
    OregonSaves FAQ
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