PayMaster offers two options to help you and your employees achieve their retirement goals.
For those companies that already have a retirement plan in place, PayMaster offers seamless
and integrated retirement reporting*. We will drastically reduce and possibly eliminate the
amount of time you spend gathering and manually reporting data with each payroll as contribution
and census data is transmitted automatically with each payroll processing.
* Integrated retirement reporting is available for:
- American Funds
- BlueStar Retirement Services
- Great West
- John Hancock
- MassMutual (The Hartford)
- Pinnacle Financial Services
- Securian Retirement
- Voya Financial (ING Financial Advisers)
If you're looking to implement a new plan, PayMaster offers a 401k plan under our Multiple
Employer Plan (MEP). A business can implement our plan with their own adoption agreement, thus
setting their own parameters, such as eligibility, matching, safe-harbor contributions, etc. This
plan can be implemented for practically zero administration fees.
For more information on what a Multiple Employer Plan (MEP) 401k is and how you can benefit from it,
please take a couple of minutes to watch the following video: