Important Offer Details and Disclosures

ShareBuilder 401k plan expenses range from 23% to 68% less than the industry average at various data points from a $50K plan with 6 participants to a $100M plan with 2,000 participants based on 401k Averages Book 2023 Data and Custom Benchmarking report prepared for ShareBuilder Advisors. Cost comparisons are based on plan assets and number of participants and reflect core on-going 401(k) plan expenses that a company and/or its employees can expect to incur as a percentage of assets with most any 401(k) plan. This includes administration, recordkeeping, tax filing prep documents, plan testing, fund expense ratios, and other investment costs passed on to every participant to service the plan. It does not include unique employee-initiated transactions such as loans, distributions or employer transactions such as plan amendments. ShareBuilder 401k pricing is based off standard pricing rates for our typical Safe Harbor 401(k) plan design. This claim is not applicable to Solo 401(k) plans.

If you are starting your business' first 401(k) plan and have less than 100 employees, you can qualify for a minimum of $500 tax credit and up to a maximum of $5,000 for each of the first three years of your plan. This credit can be applied to 50% of your qualified business 401(k) costs such as plan setup and administration. That's up to $15,000 in tax credits over the first three years to offset setup and administration charges for the maintenance of your plan. These credits will cover half the business costs of your ShareBuilder 401k in most every scenario. Here’s how it works. Your business must have at least one employee, besides you as the owner, who earns less than $130,000 a year (a Non-Highly Compensated or NHC employee) to qualify for a tax credit. The tax credit received is the greater of $500 or $250 per NHC employee with a cap of $5,000 applied to 50% of the costs you incurred. So, if your ShareBuilder 401k business cost is $1,200 annually and you have 10 or fewer eligible employees, your tax credit is $600 in year one or $1,800 in total over the first three years. If you elect to offer auto-enrollment to your employees the maximum tax credit over three years can go up to $16,500.

Early Withdrawal Tax Disclosure

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