How painless and fast it was to set up a 401(k) plan. It’s supposed all the previous notions I had of how complex and time-intensitive it’s supposed to be to set up a 401(k) plan. Also, the investment options are amazing (large line-up from DFA, Vanguard, Fidelity, Schwab, and many other fund fami)Review collected by and hosted on G2.com.
Visuals (performance charts, asset allocation graphics, etc.) are extremely lacking, but this is an early-stage company that is rapidly growing. I fully expect to see them add features as time goes on to compensate for this.Review collected by and hosted on G2.com.
You’re not going to find a platform as low of cost as this that also has the same quality of investment options as this. At the current time they don’t have after-tax contribution and in-plan Roth conversion features though, so if you need that it won’t work right now.Review collected by and hosted on G2.com.
I was hesitant to set up a 401(k) account for my business with such a small team. However, the affordability of 401GO made it a no-brainer, and now I have the benefit of offering a great incentive to current and future employees of my business.