OnPay 401(k) Partners

Betterment at Work helps businesses offer a modern 401(k) with automated administration, flexible plan design, and financial wellness benefits employees can use with confidence.

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Fully Integrated with OnPay

Employee and payroll data sync seamlessly.
Contributions sync every pay period.
Account setup and offboarding happen automatically.

What makes us better

Scalable: Our platform is built to grow with you
Expert advice: Betterment provides limited 3(16) and 3(38) support and consultation
Integrated financial picture: employees can get guidance on their financial goals in the Betterment app.
Optional benefits include 529s, student loan matching, and 1:1 financial coaching.*

Costs to employer*

Plans start at $100/month + $5/month per participant
Calculate your potential tax credit savings!

Costs to employees*

Investment and plan fees may apply.
Fees can be paid by the company or employee.

*For a full list of services, pricing, and fees, please visit Betterment at Work.

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.

GET A PLAN

How it all works

Offering a plan through OnPay is easy and affordable.

1. Choose a 401(k) partner above

They’ll explain everything and set up your plan.

2. Run payroll

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

3. That’s it!

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

401(k) Partners