ShareBuilder 401k Announces "No Fee Week" July 24-31
Businesses Can Save Up to $995 in Set-Up Fees and Help Get Employees On the
Road to Retirement
SEATTLE, July 23, 2013
SEATTLE, July 23, 2013 /PRNewswire/ -- ShareBuilder 401k, a leading provider
of low-cost, all-ETF 401(k) plans for small and medium sized businesses, will
offer its first-ever "No Fee Week" enabling business owners to provide a
401(k) plan for their employees without the typical up-front costs to get a
By signing up between July 24-31, business owners with employees can save
$495-$995 in set-up costs and help get their employees on the path to
long-term savings. Business owners without full-time employees can save $150
on a Solo 401(k).
"Our recent nationwide survey of small business owners revealed that the costs
of setting up a retirement plan is a primary roadblock for offering one, with
29 percent saying lower costs would increase their willingness to offer a
401(k)," said Stuart Robertson, President of ShareBuilder 401k. "Our goal is
to make retirement planning easy, accessible and affordable for
everyone—regardless of business or plan size."
To be eligible for free setup for a ShareBuilder 401k, you simply need to be
the business decision-maker for your company and must purchase an Individual,
Simplified, Customized or Tiered Profit Sharing 401k plan by July 31, 2013.
Enter promotion codeBESTSALEto receive the discount during the online
purchase process that typically takes less than five minutes to complete. Only
one offer applies per customer.
Since 2005, ShareBuilder 401k has made all of its pricing readily available on
its website, and the company began advocating for an industry benchmark of
less than one percent for "all-in" employee-paid fees in 2007. ShareBuilder
401k is not a fund provider and takes an unbiased approach in the evaluation
and selection of funds with a focus on low-expense, index based investments
from the leading ETF providers such as Vanguard, iShares, SPDR and PowerShares
to create a powerful line-up from which participants can choose, including
five model portfolios. ShareBuilder 401k also serves as the investment
manager role (ERISA 3(38) fiduciary) for employers, which helps maximize
employer protections and saves employers the time of regularly reviewing
investment options that are made available to employees. For more information,
About ShareBuilder 401k by Capital One
ShareBuilder 401k, a subsidiary of Capital One Financial Corporation, provides
easy-to-use, cost-efficient 401(k) retirement plans for small and mid-size
businesses serving clients that include the self-employed to those with over
2,000 employees. ShareBuilder 401k is a leader in providing 100 percent
index-based ETF investments (plus a money market) in 401(k) plans.
ShareBuilder 401k offers a suite of on-demand services that make it simple for
employers and employees to open and manage their retirement plans online at
www.sharebuilder401k.com. ShareBuilder 401k plans provide market-efficient
investments and model portfolios that make it easy for employees to select
smart investments to help them get on track to meet their retirement goals.
Customers can also take advantage of ShareBuilder 401k consultants, customer
success managers, and customer care agents to receive assistance in choosing
and managing their retirement benefits.
Advisory services are provided by ShareBuilder Advisors, LLC, an SEC
registered investment advisor. ShareBuilder Advisors, LLC, is a subsidiary of
Capital One Financial Corporation.
401(k) plans are: Not FDIC insured – Not Bank guaranteed – May lose value
SOURCE ShareBuilder 401k
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