Full-Service 401(k) Plan Administration
A 401(k) plan comes with an ongoing list of regulatory filings, compliance testing, employee communication, and account management. That work doesn’t stop once the plan is set up. As your plan administrator, G&A manages that list day to day, processing contributions accurately, filing reports on time, and helping keep your plan in good standing.
Build Your 401(k) Plan
Setting up a 401(k) plan involves plan documents, IRS filings, and provider agreements that require careful coordination along the way. G&A’s dedicated 401(k) experts walk you through that paperwork and help you build a plan that fits your employees and your business.
A tailored 401(k) retirement plan can help:
- Give employees a straightforward way to build retirement savings over time.
- Attract and retain talented employees who are weighing your benefits against other offers.
- Earn a tax deduction on your company’s contributions to employee retirement accounts.
- Significantly increase participation through auto-enrollment with an opt-out option.
401(k) Plan Administration
As your 401(k) plan sponsor, G&A takes on the administrative tasks, financial obligations, legal liabilities, and documentation requirements that come with running a retirement plan. Your team gets a named contact for plan questions and fund education, along with automatic reports and weekly e-statements for every participant, so nobody has to ask for a balance update.
Once your plan is up and running, our team administers:
- Nondiscrimination testing
- Loan-distribution processing
- Trustee services
- 5500 preparations
401(k) Retirement Plan Advantages
A 401(k) plan does double duty: It helps you attract and keep top talent and gives your business key tax advantages and stronger long-term financial footing, while providing your employees a path toward their own financial future.
Support for State Retirement Laws
A growing number of states now require employers to offer employees a retirement savings option, and the rules vary depending on where your team works. A qualifying 401(k) plan — like the one G&A sponsors for you — can satisfy these requirements in most states. Our retirement plan specialists can walk you through your options.
Manufacturer Finds Scalable HR Solution with G&A
Faced with rising HR and benefits costs, G-Con Manufacturing partnered with G&A for a full-service solution. With expert support across payroll, insurance, and 401(k) administration, they gained cost control, efficiency, and peace of mind.
Better benefits that build a dream team.
Offer a 401(k) plan that’s competitive and cost-effective, without taking on the complexity yourself. G&A reduces the administrative burden on your end and gives your employees retirement options — the kind bigger companies offer.
Schedule a consultation today!
Complete the form below and learn how G&A can help your business.
Explore More Employee Benefits Services
Benefits Administration
Enjoy the relief of having a dedicated team handle the day-to-day administration of your employee benefits.
Ancillary Benefits
Enrich your benefits offerings with supplementary options, such as dental, vision, and more, that give your employees more ways to feel cared for.
Employee Programs
Support employee well-being and help strengthen retention with wellness programs that show your team you care.
FAQs
How much does it cost to offer a 401(k) plan through G&A?
G&A’s 401(k) plan has no start-up fees, low annual fees, and affordable takeover fees if you’re moving from an existing plan. Because your plan is pooled with others in a multiple-employer plan (MEP), your business also benefits from lower administrative and investment costs than most small businesses could negotiate on their own.
Who is legally responsible for the 401(k) plan once G&A is involved?
G&A becomes your 401(k) plan sponsor, which means G&A takes on the administrative tasks, financial obligations, and legal liabilities that come with running the plan day to day. Your business still makes the core decisions about eligibility, contribution levels, and plan design.
What is a multiple-employer plan (MEP), and how is it different from a regular 401(k)?
A MEP pools your 401(k) plan together with other small businesses under one retirement plan structure, administered in partnership with Slavic401k. That pooling is what allows for lower fees, reduced fiduciary risk, and a broader set of investment options than most single-employer small-business plans can offer on their own.
How long does it take to set up or switch to a G&A 401(k) plan?
Setup timelines vary by plan complexity and whether you’re building a new plan or transitioning from an existing provider, but G&A’s 401(k) experts handle the plan documents and provider paperwork throughout the process. A G&A retirement plan specialist can give you a specific timeline for your business.
Does G&A’s 401(k) plan meet my state’s retirement mandate requirements?
In most states, yes. Offering a qualifying private retirement plan — like G&A's 401(k) — generally exempts your business from state-mandated retirement programs. A handful of states still require you to register or formally certify that exemption, even once you have a qualifying plan in place. The rules continue to evolve as more states roll out programs and requirements vary by state, so it's worth confirming your specific situation with a G&A retirement plan specialist. For a full state-by-state breakdown, see State-Mandated Retirement Plans: What Employers Need to Know.