- Many employee retirement benefits providers also handle company payroll and other HR functions.
- Cost and investment options are important considerations when you are choosing an employee retirement benefits provider.
- You should expect sound service but not always investment advice from an employee retirement benefits provider.
- This best-picks page is for business owners who are looking for the best employee retirement benefits provider for their business.
Once your business has a team of employees, it’s best to set up an employer-sponsored retirement plan, which can help improve employee retention rates. Some states even require certain types of employers to offer 401(k) plans. To find the best employee retirement benefits providers for your business, look for vendors that offer plan design, administration, recordkeeping, auto-enrollment and easy integration with company payroll.