Guidant Financial is here to help your small business or franchise get a healthy start and grow strong. After you’ve funded with Rollovers for Business Start-ups (ROBS), our 401(k) services help you keep your business’s 401(k) plan in compliance with the IRS and DOL.
What Am I Paying For?
When you funded your business with Rollovers for Business Start-ups (ROBS) using your retirement account, we helped you set up a brand new 401(k) plan for your business. This plan was able to buy stocks in your new business, which provided you the funding you needed. Your business’s 401(k) plan is an asset – a way to grow your nest egg and offer a benefit to your employees other businesses may not.
It’s vital for your 401(k) plan to remain in compliance with the IRS and DOL, or you could risk plan disqualification. Plan disqualification has the potential to bring serious consequences to your business through taxes and penalties.
That’s why we’re here. Our 401(k) plan services keep your 401(k) plan and your business safe, secure, and compliant so that you can focus on what matters most – running your business.
401(k) Plan Management
Keeping in compliance with the IRS and Department of Labor (DOL) isn’t always easy. That’s why Guidant Financial offers our Third-Party Plan Administration (TPA) services for your 401(k) plan. Our in-house experts handle the checks and balances that the IRS requires for you to access retirement funds tax and penalty-free. This compliance process is complex and time-consuming – but we’re equipped with the experience and industry knowledge to get it right.
About once a year, we’ll ask you for the information we need to review, test, and report on your 401(k) plan. Then we’ll use all that information to fill out the compliance forms and help you file with the IRS and DOL. The compliance process is complicated and can take some time to complete so we may ask you for more information throughout the year – because we’re dedicated to making sure your business is always secure, safe, and compliant.
Legal Services
It’s important you always feel confident about the choices you make for your business. Because your confidence and security are important to us, we pay for one hour with outside legal counsel once per plan year for you to discuss questions you have about compliance and your 401(k) plan that our internal teams are unable to handle. These services are also available for hire should you need additional time with outside counsel.
Audit Protection
It’s rare for a 401(k) plan to be audited by the IRS or DOL – and Guidant has the lowest audit rate in the industry. Your confidence in your 401(k) plan compliance is our top priority. That’s why, in the rare event of an audit, we pay for your legal representation from start to finish.
Pricing and Discounts
Guidant’s 401(k) plan services are billed monthly, at a base cost starting at $149.00. We offer additional programs to help you save.
Client Referral Program – One year of free 401(k) plan services
If you refer someone who opts in to our 401(k) plan services, you’ll get a full free year. This begins 90 days after your referral becomes our client.
Early-Bird Plan Year End Discount – One free month of 401(k) plan services
When you submit all the information we need to keep your 401(k) plan in compliance after the end of your plan year, you’ll receive a full month of services for free. No need to memorize a date – we’ll let you know when you can qualify!