Everyone loves one-stop shopping. Why go to the “Superstore” and the grocery store when you can just get everything at the “Superstore”? Unfortunately, the “Superstore” doesn’t always have the wide selection the grocery store does, so you end up going to both places anyway. Same is true for 401(k) services. Your payroll company can get the job done, but do they offer the expertise necessary to properly administer your 401(k) plan. Payroll companies can be attractive to plan sponsors seeking to simplify year-end processes. If seamless data transfer is what you’re looking for, we work with many payroll providers and would be happy to discuss implementing this service for you.​

Check out this article by: Ary Rosenbaum, Esq.​

Why your payroll shouldn’t do your 401k

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