Best 401(k) Providers in Canada

Streamline payments to your team and leverage robust tools, employee perks, and expert support with the leading online payroll service provider. Handle payroll while having access to HR and employee services all in one convenient location. After your payroll setup is finished, you can automatically pay your team without hassle. Our service will effortlessly calculate, file, and manage your payroll taxes for you. Enjoy the benefit of keeping your cash longer with complimentary same-day direct deposit options. Additionally, you can oversee benefits and employee services directly from your payroll account. With direct deposit, you'll have the added advantage of flexibility in choosing when to pay your team. Your time tracking information is seamlessly integrated into your account, allowing you to approve timesheets, process payments, and generate invoices directly from your mobile device. Save valuable time by automating your payroll processes, and when you enable Auto Payroll, we'll send you timely notifications to help you efficiently manage your account. This way, you can focus more on your business while knowing your payroll is taken care of.

Offering your employees a Slavic-401(k) plan will help you attract and retain top talent. It will also help you create a happier, more stable workforce. Happier employees stay with your company longer, which will allow you to grow your business. You can weigh your options between a standalone 401(k), or participation in a Multiple Employee Plan (MEP). An MEP plan can save you $6,000 to $10,000 annually in audit costs (an IRS requirement for businesses 100+). An MEP does not have an individual audit requirement for your business. It is also possible to outsource the administration and fiduciary responsibility to MEP sponsors, which saves time and money. Employers can face serious problems with 401k compliance and testing. You could face penalties and fines for not properly administering your plan. This can have a devastating effect on a small business.

Small business owners can have a simple, affordable 401(k). We believe in retirement plans that work. We are on a mission for every small business to offer a 401k. To help participants build a retirement they're excited about. We can sync with top payroll providers, handle plan administration, and offer low-cost mutual fund options. We don't charge additional fees for investments, unlike other 401(k). We are different. We take care of the administration, compliance testing, recordkeeping, and other tasks to make your job easier. Fully packaged. We do all the heavy lifting, from plan administration and employee onboarding to compliance testing, government filing and recordkeeping. These are our features. Predictable pricing. One all-inclusive fee is charged. It starts at $39/mo + $8/mo for each participating employee. There are no additional setup fees or investment fees. Pricing details. Full payroll integration. Fully integrated with top payroll providers, we automatically sync employee data.

To automate all calculations, including overtime premiums and multiple pay rates, rules can be applied automatically to employees or situations. Managers can remotely monitor attendance and time of employees and access up to two-thirds of the reports. You don't have to wait until the end for attendance records. To track vacations, sick days and banked time automatically, you can set up unlimited accruals. Employees can view their accrual balances online, which eliminates the need to contact human resources for this information. Management can track and control exactly where employees can punch in/out, down to the device level and GEO fence level. Track employee expenses and allocate time for tasks. In just a few clicks, you can manage employee skills and qualifications and process payroll.

iTrustCapital was established by prominent figures in the alternative investment IRA sector. As the foremost digital asset IRA trading platform, iTrustCapital enables users to seamlessly buy and trade cryptocurrencies and physical gold in real-time using their retirement funds. This innovative and IRS-compliant platform addresses the expensive inefficiencies and outdated methods associated with traditional IRA systems, allowing investors to securely and conveniently transfer funds into the cryptocurrency and physical gold markets—often at costs up to 90% lower than those of competing IRA providers. The company aims to empower 10 million investors to engage in the economic opportunities presented by a blockchain-driven future. It is surprising to see how many individuals remain unaware of the significant advantages that IRAs can offer. By raising awareness, iTrustCapital hopes to help more people take advantage of these investment opportunities.

Managing a 401(k) has reached unprecedented simplicity. With our automated platform, tedious tasks, data-entry mistakes, and overwhelming paperwork are nearly a thing of the past. This shift to automation fosters improved efficiency, which translates directly into cost savings. Your 401(k) will become the most economical and sought-after benefit available! Spend less time managing and increase your savings significantly. 401GO’s user-friendly platform simplifies the path to retirement savings like never before. Instead of just a basic list of investment options, we provide a personalized portfolio design tailored to individual risk tolerance and savings objectives. We have optimized the plan design process by focusing on essential features that businesses truly require. You can launch your plan in mere minutes rather than stretching it out for weeks. Instead of waiting until year-end for filing deadlines, we conduct ongoing automated testing and compliance checks. We also take care of the necessary filings, ensuring that your plan adheres to all regulations. It is crucial to ensure that investments are appropriate for a 401(k) plan, aligning with both compliance and participant needs for a secure retirement. With these advancements, preparing for retirement has never been more straightforward or effective.

Know precisely the amount of money that will be deposited into your bank account every month, without any tricks or gimmicks. This approach represents a straightforward solution for retirement tailored to the contemporary individual. Established in 2015, Due initiated its journey with an online invoicing platform aimed at assisting freelancers and small business owners. Since then, Due has enabled countless companies and freelancers to receive payments more swiftly and improve their cash flow while presenting a polished, branded format for payment requests. Within a year of launching, Due expanded its services to include payment solutions for its clientele. In addition, Due provides a diverse array of payment methods, such as eCash, eChecks, ACH, and both domestic and international credit card processing, along with a digital wallet for storing payment details and funds. The straightforward retirement metrics feature illustrates how much you'll accumulate monthly, and you have the freedom to withdraw your entire balance at any time. Signing up for our annuity takes merely five minutes, allowing you to embark on your financial journey with ease. With our user-friendly platform, preparing for a secure financial future has never been simpler.

Human Interest makes it simple and affordable for employees to save for retirement. Other 401(k), shady fee-paying providers can profit from you and your employees by charging a lot of hidden fees. You get low-cost plans and funds with us. There are no transaction fees. Your dashboard provides a 360-degree view to your company plan, including employee participation reports and contribution reports. With our seamless onboarding process and integrated investment advice, employees can begin saving in just a few steps. Human Interest takes the hassles out of managing your company's retirement plan. We sync to your payroll and process contributions. We also handle compliance testing and IRS paperwork. We offer traditional and Roth 401(k), 403(b), Safe Harbor plans, profit-sharing plans, and traditional Roth 401(k). We'll help you choose the right plan for you. Employers have the option to customize vesting and matching options at no additional charge.

Betterment streamlines the administration of your retirement plans, enabling you to provide your employees with an enhanced 401(k) option swiftly and effortlessly, all while keeping costs significantly lower than most competitors. Acting as your comprehensive partner, we handle everything from initial onboarding to ongoing management, reporting, and investment strategies, all at one of the most competitive rates available. Our tailored guidance is designed to assist your employees in achieving superior returns while managing their risk levels effectively. We support them in creating a customized retirement plan, advising on savings amounts and suitable accounts. This empowerment allows your employees to take charge of their financial future, helping them remain engaged and productive in their roles. When we searched for a contemporary, user-friendly retirement plan for our team, we discovered that existing solutions were often costly and overly complicated. Consequently, we developed our own 401(k) offering by utilizing the strengths of our retail investing platform, ensuring that it meets the needs of both employers and employees. By providing this solution, we aim to simplify retirement planning for everyone involved.

Low-cost 401k plans offer absolutely NO fees and avoid any "low" fees that could erode employees' retirement investments! For small businesses, there is an extensive range of no-load funds available, along with commission-free trading options for stocks and bonds through self-directed brokerage windows. These IRS-approved 401k prototype plans are tailored to meet the unique requirements of small business owners, including the annual 5500-SF filing and additional features! For more than 35 years, we have provided small business owners with affordable 401k solutions backed by a steadfast guarantee—NO fees are taken from the assets of the 401k plan. In contrast to other providers, Low-Cost and No Fee 401k Easy ensures that no fees or commissions are deducted from employees' retirement savings, allowing them to retain 100% of what they have diligently earned and saved. Utilizing the no-fee 401k Easy service means that financial advisors and their partners will never profit from hidden fees, ensuring that all funds remain in the hands of employees planning for their future. With this approach, small businesses can invest in their employees' financial well-being without the burden of unnecessary costs.

A Contemporary 401(k) Without Intermediaries. If your current service provider appears on our list, we can probably help you cut your fees by 40% or more. Simply share your fee disclosure, known as a 408b2, from your existing provider. Should you have trouble finding it, give us a call, and we'll guide you on where to look. It's important to remember that the Department of Labor frequently mandates that plan sponsors assess their plan against benchmarks, ensuring that your fiduciary responsibilities are met. As you aim for a solid and secure retirement, is your 401(k) aligned with your goals? One of our experts will assist you with a free “side-by-side” fee analysis, allowing you to understand how elevated fees can affect your account's growth over time. Take initiative and transition to America's Best 401k today. There are no fees for conversion, and our dedicated team will ensure the process is seamless for you. The sooner you make the change, the sooner your savings will start to accumulate. Don’t wait; your financial future depends on the choices you make now.

The Ocho Solo 401k offers unparalleled tax benefits for entrepreneurs compared to any other retirement plan available. You can contribute as much as $61,000 while enjoying tax-free compounding across various asset classes. Designed with user-friendliness in mind, Ocho ensures that managing your solo 401k is a seamless experience, allowing you to create your account, make contributions, and invest directly through a streamlined, easy-to-use dashboard. Setting up a solo 401k with Ocho is incredibly simple and can be completed in under ten minutes, with all necessary paperwork and administration handled on your behalf, eliminating the hassle of opening separate accounts for banking and brokerage. Investors can choose to put their money into traditional financial vehicles like stocks, mutual funds, and ETFs, or they can exercise checkbook control to invest directly in alternative options, such as real estate, cryptocurrency, and private equity, providing a diverse range of opportunities to grow their wealth. With Ocho, the path to a successful retirement plan is not only accessible but also flexible, catering to the unique needs of each business owner.

A 401(k) is a retirement savings plan set up by employers or self-employed individuals to assist both workers and business owners in accumulating funds for retirement while enjoying various tax incentives. This savings option is designed to meet diverse retirement planning needs, offering flexibility in how contributions are managed. Participants have the autonomy to determine the percentage of their salary that will be directed into their 401(k) accounts each pay period, with those contributions made before taxes are applied, allowing for potential growth without immediate tax implications. Many employers enhance this savings approach by matching a part of the contributions made by employees, which can significantly accelerate the growth of retirement funds. In addition to securing future financial stability, enrolling in a 401(k) offers distinct tax benefits for both employees and employers, such as tax deductions and tax-deferred growth on earnings. For instance, when employees allocate funds to their 401(k), these amounts are deducted from their gross income prior to tax calculations, effectively lowering their taxable income for the year. This dual benefit of saving for retirement while optimizing tax responsibilities makes the 401(k) an appealing option for many individuals and businesses alike.

Our primary focus is to utilize our knowledge and resources for one essential purpose: assisting individuals in saving and investing wisely so they can enjoy the life they aspire to lead. We achieve this by simplifying the process for organizations to offer valuable benefit programs to their workforce. By enhancing administrative efficiency and alleviating fiduciary concerns, we also encourage employees to fully engage with the benefits available to them. Our commitment lies in supporting participants in reaching a well-funded retirement. Using established strategies and cutting-edge tools, we aim to inspire them to enroll early, increase their savings, and diversify their investments effortlessly. Moreover, as they navigate through retirement, we equip them with resources that enable effective management of their retirement income, ensuring they are well-prepared for the future ahead. Ultimately, our goal is to empower individuals to take control of their financial journeys.

Tailored investment solutions and plan structures enable you to create a flexible offering suited to your current needs while accommodating future adjustments as your business evolves. Enjoy a contemporary, intuitive experience that enhances user engagement and satisfaction. Our transparent and competitive pricing ensures both you and your employees are fully aware of all costs involved. We offer comprehensive administrative services that cover operations, support, and compliance with 3(38), 3(21), and/or 3(16) regulations. Whether you choose to collaborate with an advisor or go solo, we help you identify the ideal plan for both you and your workforce. Access the vital information necessary to effectively manage and service your plan via our digital, interactive portal. We make it simple for your employees to start saving; just upload your initial payroll and census data, and we’ll take it from there, ensuring a seamless transition into your new saving strategy. With our support, your employees will be on the path to financial security in no time.

A 401(k) plan tailored for small businesses encompasses various components that are essential for aiding employees in their retirement planning journey. Shelton 401(k) focuses on delivering retirement account solutions specifically designed for small enterprises, ensuring that the experience remains hassle-free for business owners. At Shelton Capital Retirement Plan Services, we collaborate closely with our clients to offer a cost-effective, all-in-one solution that simplifies processes and yields the best outcomes for everyone involved. Our commitment is to deliver exceptional, high-touch 401(k) services that not only assist your employees in building their retirement savings but also enhance your professional image. We pride ourselves on our team of seasoned service experts who provide both live and digital personalized resources tailored to meet the needs of you and your employees. Unlike large fund managers or insurance companies, Shelton 401(k) operates as a small privately owned entity, emphasizing human administration over automated systems. Our focus on personal interaction ensures that clients receive attentive care and support throughout their retirement planning experience, fostering a sense of trust and reliability.

Our 401(k) plans are structured to reduce the expenses associated with retirement benefits, allowing you to maximize your savings. Whether you’re a small enterprise initiating your inaugural 401(k) plan or a more established company aiming to cut costs and enhance your services, we are dedicated to meeting your needs. Discover the advantages of tax savings and increased annual contribution limits available with a 401(k). Make your investments more economical with our selection of premium investment options. Enjoy the possibility of reducing taxes for both yourself and your business. We provide tailored 401(k) plans, accommodating everyone from self-employed individuals to businesses with up to 100 employees. As you save for retirement, you can simultaneously reduce your tax burdens. Utilize the expertise of ShareBuilder Advisors and the support of Customer Success Managers to guide you. If you’re new to offering a 401(k) plan for your business, a brief online search can quickly direct you to the necessary aspects you should consider when selecting a 401(k) provider, such as services, costs, and investment opportunities that are crucial for your success. Here’s some valuable information to assist you in this journey. Additionally, taking the time to understand the features of our plans can empower you to make informed decisions for your future.

We provide innovative solutions tailored for remote professionals who seek employment opportunities and efficient wage payment methods. Our offerings include distinct job opportunities, adaptable payment schedules, lower payroll expenses, and expedited fulfillment processes. Workers can receive a fraction of their earnings in digital currencies. Our services enable swift and cost-effective international invoicing with direct deposits to bank accounts and digital wallets. We cater to global individuals who prefer to receive their payments in digital assets for their work. Additionally, we assist companies in providing unique digital asset benefits to their workforce. Organizations aiming to streamline their payment processes for employees and freelancers can also benefit from our services. We focus on delivering cutting-edge HR solutions to meet evolving needs. Bitwage continuously evaluates wage distribution mechanisms across borders, juxtaposing conventional methods like bank transfers with emerging international systems, including XBT and XRapid protocols. This comprehensive strategy allows Bitwage to significantly lower the costs associated with compensating workers, freelancers, and outsourcing firms on a global scale while enhancing the overall payment experience. Ultimately, we aim to revolutionize how payments are processed internationally, making it more efficient and accessible for all parties involved.

Our innovative technology, coupled with extensive experience in ERISA plans, culminates in a 401(k) solution that alleviates both workload and liability for you. This is certainly a significant advantage. We streamline various manual processes such as managing contributions, handling 401(k) loans, tracking eligibility, assessing hardships, and sending notifications, allowing your team to concentrate on core business functions. Dealing with payroll issues can be quite challenging. To mitigate this, we meticulously analyze payroll for every employee using 44 distinct diagnostic checks to identify and rectify potential problems before they escalate. You can monitor the overall wellness of your plan, including its readiness for audits, through a detailed dashboard that encompasses all essential plan documents. To ensure you remain free from compliance risks, we offer comprehensive administrative and investment fiduciary protections, identified as 3(16) and 3(38) fiduciary services. Our dedicated plan administrator is responsible for reviewing, signing, and submitting your Form 5500. Additionally, we maintain a robust $5 million professional liability insurance policy to safeguard our ERISA fiduciary services and give you added peace of mind. With our comprehensive support, you can focus on growing your business while we handle the complexities of your retirement plan.

The ASC DC/401(k) administration platform is consistently refreshed to reflect all legislative updates. It features adaptable eligibility calculations, a user-friendly data import wizard, and thorough data validations. It accommodates multiple funds and sources, utilizing both dollar and share accounting methods. Additionally, the ASC system includes a comprehensive Compliance Testing System. Users can generate reports from the standard options provided or utilize the ASC Reporter to design tailored reports. The platform incorporates built-in budget-solving routines for various plan types, such as new comparability, super integrated, age-weighted, and sole proprietor/partnership plans. It also accurately calculates different employer contributions for 401(k) and other defined contribution plans. Furthermore, it conducts extensive employee data validation seamlessly, with the capability to apply custom validation formulas. This makes it an essential tool that remains fully aligned with all legislative changes for effective administration.

Our retirement plan solutions provide a range of advantages, including straightforward plan management, impartial investment options, fiduciary services, and efficient setup processes, all of which contribute to meaningful benefits. ADP is dedicated to preparing participants for retirement by equipping your employees with valuable tools that enable them to strategize for their future at their own pace. With a mobile enrollment platform that allows participants to sign up anytime and from anywhere, combined with features like the MyADP Retirement Snapshot calculator—designed to give users a personalized estimate of their retirement savings through tailored questions—and proactive messaging that delivers essential updates, we continuously prioritize the needs of both you and your workforce. It is imperative to make informed investment decisions for your plan, as this directly influences its overall success, thereby ensuring that all participants can achieve their retirement goals effectively. Additionally, our commitment to innovation means we are always exploring new ways to enhance the retirement planning experience for everyone involved.

Unify multiple accounts into a comprehensive strategy with Pontera, which enables advisors to oversee and manage 401(k), 403(b), and other held-away accounts, ensuring they effectively address their clients' requirements. By optimizing tax strategies, advisors can enhance client wealth over time. The Pontera platform allows for swift and efficient allocation of investments between taxable and tax-deferred accounts, enabling advisors to better serve their clients. Furthermore, Pontera enhances transparency by helping advisors present a clearer picture of portfolio activity to their clients. In conjunction with existing technologies, Pontera provides greater portfolio visibility, allowing advisors to offer a more cohesive service. By regularly rebalancing and monitoring retirement accounts, akin to custodial accounts, advisors can provide stability and reassurance, particularly during market fluctuations. This proactive approach not only boosts client satisfaction but also contributes to improved long-term financial outcomes. Ultimately, Pontera empowers advisors to maintain control and confidence for their clients in an unpredictable investment landscape.