Peppermint is the perfect partner
Easily and confidently refer us to someone who is in need of the most affordable 401k and hands-on assistance with various plan options!
Peppermint was built with the small business in mind. We know some companies need more guidance than others when offering a 401k. This is what separates us from the big corporations.
Recommend peppermint401k with confidence.
We make the process ridiculously easy!
That’s the power of peppermint!
3 contribution options allow you to customize your recommendation
Dollar for Dollar
one-time set-up fee of $750 and just $84 a month for any size group.
Allows the employer and participants to maximize contributions.
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- Safe Harbor Option
- Employer matches 100% on the first 4% of deferred compensation
- Employee keeps 100% of investment if they leave the company at any time
- Exempt from most annual compliance testing
- Optimizes your highly compensated employees’ personal retirement
Fixed 3%
one-time set-up fee of $750 and just $84 a month for any size group.
Assures that all employees receive retirement benefits.
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- Safe Harbor Option
- Employers put in 3% of employee’s compensation, even if the employee does not contribute
- Employee keeps 100% of investment if they leave the company at any time
- Exempt from most annual compliance testing
- Optimizes your highly compensated employees’ personal retirement
Discretionary
one-time set-up fee of $750 and just $84 a month for any size group + $1000.
Gives the employer the ability to adjust contributions as business needs change.
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- Non-Safe Harbor Option
- Employer has more flexibility and can contribute as little or as much as they would like
- Employer may withhold a percentage of the employee’s earnings based on time of service at departure
- This plan requires testing and evaluation which cost an additional $1000 annually
- Employer directed
Why Choose Us
We were built to service small businesses.
We help launch a 401k for employers in just about 5 weeks. We hold their hand through the signup process making it easy and faster than anyone else. With three options and consistent pricing around the board, it makes it a hard offer to pass on.