Time is running out on our 3 month offer—open a 401(k) by Dec. 31, 2022.
Time is running out on our 3 month offer—open a 401(k) by Dec. 31, 2022.
Take care of your retirement + your team
A Safe Harbor 401(k) can help boost savings and reduce administrative work. Open your plan before our August 19 deadline.
Safe Harbor, explained
Unlike traditional 401(k) plans, Safe Harbor 401(k) plans get certain “safe harbor” protections and automatically satisfy most IRS nondiscrimination tests. In exchange, companies must contribute to their employees’ 401(k) accounts.
As of May 2022, Safe Harbor plans make up 69% of our plans. They can mean fewer headaches for small business owners and more savings for everyone.
Exempt from most IRS nondiscrimination testing
Requires a company contribution
Ace your compliance tests
Nondiscrimination testing is required by the IRS to help ensure that 401(k) plans benefit both owners and employees. But even the most well-intentioned business owner can run into trouble when sponsoring a 401(k) plan. An owner contributing too much or employees contributing too little can result in a failed test and expensive corrections.
Safe Harbor plans automatically satisfy most IRS nondiscrimination tests and help avoid the consequences of failure.
A benefit for employers and employees
Owners can max out their personal 401(k)
With less to worry about when it comes to nondiscrimination tests, owners and other highly compensated employees can truly max out their deferrals.
Employees get a savings boost
Since Safe Harbor plans require a company contribution, employees get a little extra savings.
401(k) pricing plans
Get a 401(k) that works for you and your employees
What’s included
The fundamental services needed to offer a great benefit, including:
Payroll integration with Gusto, QuickBooks, Square and other payroll providers.
Automated recordkeeping, plan admin, and employee onboarding.
We serve as your 3(38) and 3(16) fiduciary and handle certain IRS and DOL reporting and filings.
Employer pricing
Employee pricing
0.08% / year
That’s about 67¢ a month for every $10,000 saved
Your employees will get access to educational webinars, live support and more.
Have 50 or more employees?
Alternative pricing is available. To learn more, contact Sales at hello@guideline.com.
We handle the regulatory stuff
See everything we provideGovernment filing
We prepare annual reports for no extra fee, including Forms 5500 and 1099-R.
Fiduciary services
We serve as your 3(38) investment manager and 3(16) plan administrator.
If you’re starting a new 401(k) plan, you may be eligible to receive up to $16,500 in tax credits over three years to offset plan administration costs.
Does your state have a retirement plan mandate?
Many states like CA, IL and OR have retirement plan mandates in place. A Safe Harbor 401(k) can help you meet the mandate, and more.
Key dates
Open a new plan by August 19 to start saving this year
Timeline for new 401(k) plans
Aug 19
2022
Last day to set up a Safe Harbor 401(k) plan with Guideline
Sep 01
2022
30-day notice sent to employees
Oct 01
2022
Your Safe Harbor 401(k) plan is live
Timeline for existing 401(k) plans
Nov 18
2022
Last day to add Safe Harbor matching provisions to your 401(k) with Guideline
Dec 01
2022
30-day notice sent to employees
Jan 01
2023
Safe Harbor matching provision takes effect for 2023
What about Safe Harbor nonelective contributions?
The deadline to add a 3% Safe Harbor nonelective provision to your 401(k) plan is Dec. 1, 2022. In order to adopt this provision, you’ll need to request an amendment by Nov. 5, 2022.
If you want to add this provision to your plan after the Dec. 1 deadline, it must be at least 4%.
Let’s get started
Get startedOpen a new Safe Harbor 401(k) and pay no employer fees for 1 month. Offer ends August 19, 2022.
Want more details?
Read the GuideOur Safe Harbor Guide covers everything from matching options to plan requirements to key deadlines.