A woman smiling in her home office benefits from Retail401k’s multiple employer plan guidance.

Common Reasons Small Businesses Put Off Offering a 401k — And Why It Happens

Published February 25th, 2025 by Supportteam

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Most small business owners know retirement plans matter. They've heard the pitch about retention and recruitment. But when it comes time to actually set one up, the conversation stalls. Not ...

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Retail401K provides affordable, easy-to-manage 401k retirement plans designed specifically for small businesses and retail owners in Augusta and throughout the United States. As a Multiple Employer Plan (MEP) provider, we help small companies offer competitive retirement benefits without the typical administrative headaches and high costs. Our approach reduces fiduciary liability while giving your employees access to quality investment options and professional plan management. Whether you're starting your first 401k or looking to switch from a complicated existing plan, we make the process simple and cost-effective. Small businesses deserve the same retirement plan advantages as large corporations, and that's exactly what we deliver. We handle the complex compliance work so you can focus on running your business. Call 844-637-4015 to learn how Retail401K can help you attract and retain great employees with a retirement plan that actually works for small businesses.

3(38) Investment Fiduciary Services offered through Atlas Fiduciary Services, Inc., a Registered Investment Advisor https://www.investor.gov/CRS 3(16) Plan Administration and Third-Party Administrative Services offered through Atlas Pension Administrators, Inc. Retail Association of Maine, Plan Sponsor, Alliance of State Retail Associations 401k Plan and Trust, DBA: Retail401k. Recordkeeping services offered through Transamerica Retirement Services. Individual Financial Advisors may be contracted by adopting employers to offer this Multiple Employer Retirement Plan and are separate engagements from all other servicing partners.

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Common Reasons Small Businesses Put Off Offering a 401k — And Why It Happens

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