401(k) Plan Administration Services

Whether you have 5 employees or 5000, PPI's 401(k) Plan Administration can make retirement savings a reality

In today's competitive employment marketplace, employees expect a retirement savings program to be offered as a standard company benefit.


Payroll People Inc. Business Services has established alliances with several leading, retirement and investment service providers in order to bring you the federally approved 401(k) savings plan that allows pre-tax dollars to be set aside and grow in a tax-deferred savings plan with all the flexibility you need at a price you can afford.

Benefit from retirement plan values such as these:

  • A Consultant will guide you through the design and installation of your plan
  • 401(k) Plan contributions made with pre-tax dollars lowers taxable gross wages for Federal and State income tax purposes
  • The tax-deferred contributions benefit from compounding interest as they mature in the protection of the plan
  • Internet account access in a secure environment, you or your employees can inquire about account activity, view a prospectus, and make changes or updates to their investments.
  • Web-based brochures, retirement planning interviews, and printable forms make this site a plan administrator’s dream as well as a one-stop for employees
  • 401(k) plan can play a significant role in recruiting key employees and build retention
  • Employers may provide matching or partial funds to employees through a 401(k) plan to increase participation and increase key staff longevity
  • Select from well-known investment houses with proven performances
  • employers tax advantages - plan contributions and costs can be deducted as business expenses on corporate tax returns

Time Savings

Our 401(k) services offer you freedom from many time-consuming, administrative and compliance issues. Using the payroll and retirement plan data you provide, we'll handle those tasks for you.  PPI's Evolution payroll system you can electronically transmit your 401K data to your administrator, who then automatically will debit your account for the appropriate funds. It is Safe and Secure and saves valuable time that can be spent on more productive task.