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Online Alpha 401(k)Custom(k)    |    Express(k)

When it comes to an Alpha 401(k), the obstacle for most small businesses is cost and complexity. Most small businesses think that they can’t afford an Alpha 401(k) plan, or that it’s going to take too much time to manage. Sound like you?

Enter online Alpha 401(k) plans.

A Web-based Alpha 401(k) is ideal for small businesses, as technology can be leveraged to simplify the setup and day-to-day management of an Alpha 401(k) plan and cut down on the expenses of paper-based Alpha 401(k) plans.

Custom(k) Features:

Custom(k) is an all-inclusive 401(k) plan. That means we handle all aspects of your plan so you and your employees have one single point of contact for all your 401(k) plan needs. Here is a list of all the features and services included in our monthly fees.

Custom(k) gives the small business a high level of flexibility and customization that is usually only accessible to larger businesses.

Features

Included

Recordkeeping
Daily valuation recordkeeping
Optional discount brokerage account
Choice of custodian (Matrix or Schwab)
Optional Features to Add
Automatic enrollment
New Comparability
Roth 401(k)
Profit-Sharing
Plan Administration and Compliance
IRS-approved plan document
Annual compliance testing
Signature-ready Form 5500
Plan Sponsor Online Services
30-minute online plan set-up
Employee census management
Easy-to-use payroll file submission
Online loan and distribution process
Plan Participant Online Services
Online enrollment meeting
Daily account snapshot
On-demand Web statements
Unlimited fund transfers
Retirement planning tools, calculators
Loan modeling
Toll-free live customer support

Custom(k) offers:
•All the bells and whistles of an 401(k) plan
•Flexible investment platform and brokerage account
•Appropriate for owners trying to save the maximum or those who are more experienced with 401(k) plans
•New Comparability, Roth, Automatic Enrollment and Profit-Sharing options

Enrollment process
Employees who wish to enroll simply follow our online enrollment meeting at their own pace. Joining the plan is easy — click “yes” to download an enrollment form, sign and return to your HR contact. It’s that easy!

Payroll and census management
Employers manage the plan through an award- winning, easy-to-use Web site. It’s a one-click process to send payroll and census information for Custom(k); working with one of our payroll partners allows employers to cut down management time to even less than 30 minutes a month.

Investments and employee education
Because Alpha 401(k) is an independently owned 401(k) provider, the choice of mutual funds is unlimited. A discount brokerage account is available for employers looking for added flexibility. Employees have access to ERISA-approved investment education, interactive calculators and questionnaires — all in one Web site.

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Express(k) Features:

Express(k) is an all-inclusive 401(k) plan. That means we handle all aspects of your plan so you and your employees have one single point of contact for all your 401(k) plan needs. Here is a list of all the features and services included in our monthly fees.

With Express(k), you’ll get a big-business 401(k) plan at a small-business price.

Features

Included

Recordkeeping
Daily valuation recordkeeping
Plan Administration and Compliance
IRS-approved plan document
Annual compliance testing
Signature-ready Form 5500
Plan Sponsor Online Services
Online plan set-up .
Employee census management
Easy-to-use payroll file submission
Online loan and distribution process
Plan Participant Online Services
Online enrollment meeting
Daily account snapshot
On-demand Web statements
Unlimited fund transfers
Retirement planning tools, calculators
Loan modeling
Toll-free live customer support

Express(k) is:
•Easy to implement, with all the basics of a 401(k) plan and the most popular beneft plan provisions already decided for the client
•Great for those who want simplicity
•Appropriate for less investment-savvy small businesses that just need a retirement plan

Enrollment process
Employees who wish to enroll simply follow our online enrollment meeting at their own pace. Joining the plan is easy — click “yes” to download an enrollment form, sign and return to your HR contact. It’s that easy!

Payroll and census management
Employers manage the plan through an award-winning, easy-to-use Web site. It’s a one-click process to send payroll and census information for Express(k); working with one of our payroll partners allows employers to cut down management time to even less than 30 minutes a month.

Investments and employee education
Because Alpha 401(k) is an independently owned 401(k) provider, there are a variety of mutual funds to choose from for investments. Employees have access to ERISA - approved investment education, interactive calculators and questionnaires — all in one Web site.

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Why a Web-based Alpha 401(k)?

The benefits of an online Alpha 401(k) plan are endless, but here are a few:

Low cost:
Significant cost savings come from simplifying or even eliminating many of the tasks required to set up and maintain paper-based Alpha 401(k) plans. With new Web technologies, providers can strip away many of the unnecessary expenses of traditional 401(k) plans and cost savings can be passed onto small businesses.

Ease of use:
Online tools and up-to-date information make it easier for small businesses to walk through every step of the process, from plan setup to ongoing management; and live customer support is still a phone call or an e-mail away. Truly the best of both worlds!

Ease of management:
On-demand, online tools greatly simplify the day-to-day management of an Alpha 401(k) plan. A plan can be managed 24 hours a day from anywhere. Employers can manage census data, payroll data and generate a variety of reports. Employees can enroll online, learn about their investments, select and modify them online, and even rebalance their portfolios whenever they want.

In-depth investment education:
This is a very important aspect of any Alpha 401(k) and one that can be made even more effective with a Web-based Alpha 401(k) plan. Instead of having to sift through stacks of generic, paper-based investment education booklets, with a Web-based Alpha 401(k) plan, employees have access to a library of investment education and interactive calculators and questionnaires – all in one Web site.

By enabling small businesses to easily manage Alpha 401(k) plans online, online providers finally offer them access to powerful retirement plans that large businesses enjoy – giving employees a greater chance at achieving their retirement savings goals.

To find out more about how easy it is to get started with a Web-based Alpha 401(k), contact an Alpha Retirement Plan Consultant today!