Most 401k providers consider a plan with less than $5 million in assets a “small” plan. Under $1million and they call you a Micro plan. Why is this important? Because 401k companies tier their support and features based on your size. A micro plan often means “micro” service and “micro” features.
Six8 created our Multiple Employer 401k, powered by Pentegra, to provide large plan benefits in a small -company package. By joining forces with other plans, you can gain access to fiduciary outsourcing, institutional share classes and other “large” plan features at an affordable price point.
At Six8 Advisors, we not only focus on retirement plans, we focus on small to mid-sized plans just like yours. Ask us our Multiple Employer 401k options.
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