For Business

FBA401k offers a host of employee benefits services for small businesses in and around the Carolinas.

Retirement Plans

If you are looking to move your current 401(k) or profit sharing plan or if you are looking to start a plan for the for the very first time, FBA401(k) offers a wide range of retirement services to meet your needs.  We provide turn-key administrative services aimed at relieving an employer from the numerous administrative and regulatory tasks associated with offering a qualified plan. 

With over 25 years in the pension industry, FBA401k has been able to design a 401(k) Plan that (until recently) was only accessible to only the very large corporation.  We have a dedicated singular focus on small business retirement benefits and offer the following services:

Unparalleled Services for Small Businesses

• Focus only on small business retirement benefits.
• Provide access to 3,400 no-load mutual funds available through Fidelity Investments.
• Utilize a state-of-the-art recordkeeping and document system designed by the industry leader,
       SunGard Corbel.
• Design and implement an Investment Policy Statement.
• Prepare quarterly and annual investment statements in accordance with a plan’s Investment
       Policy Statement.
• Provide an annual plan review.
• Offer semi-annual group and individual employee meetings.
• Maintain low annual administrative costs.

Plan Design

FBA401k understands the importance of designing and tailoring a plan that will best suit your needs now and in the future.  Plan design, communication, and perception can ultimately determine the success of a plan.  Plans can be designed to meet certain employer objectives such as attracting and retaining employees, benefiting key employees, maximizing contributions and maximizing retirement benefits.  The following Plan Design services are available:

Defined Contribution Plans - Defined Contribution plans are a company sponsored tax-deferred retirement savings plan.  The two primary types of Defined Contribution plans are 401(k) plans, which allows for employee contributions, and Profit Sharing Plans.

Non-Qualified Deferred Compensation Plans - Non-qualified Deferred Compensation plans are an additional option for companies whose highly compensated employees are not able to maximize their plan contributions under a Defined Contribution plan.

Non-Profit Plans - Non-profit plans are a tax-deferred retirement plan specifically for non-profit organizations.

Link To Your Fiduciary Responsibilities

Deposit Rules

Excessive Trading Policies