OnPay 401(k) Partners

Three big reasons to offer a 401(k)

Get a competitive advantage
Only about half of all small businesses offer a retirement plan. When employees are offered a plan, they’re a third less likely to look for a new job, studies show.
Save on taxes
401(k) plan participation reduces employee’s taxable wages, which means you pay less in payroll taxes. You can also receive up to $500 a year in tax credits.
Build a better nest egg
With profit sharing and matching contributions, business owners can set aside over $50,000 a year in tax-deferred retirement savings.

Offering a plan through OnPay is easy and affordable.

They’ll explain everything and set up your plan.

Your provider will administer your plan, and we’ll handle the 401(k) deductions when you run payroll.

You and your team can look forward to a brighter retirement.