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Get The 401(K)

Sources for setting up a 401(K) account

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This story appears in the May 2000 issue of Business Start-Ups magazine.

If you're in the market for a 401(k) retirement plan, health insurance or other benefits, there's no lack of resources, and some are as close as the Internet. Ez401k.com, for example, charges $401 to set up a retirement plan online, according to Robert Steinhorn, president of the Walnut Creek, California, pension administration company. Targeting small businesses with five to 500 employees, Steinhorn estimates you can design a plan and print out announcements for employees in less than five minutes. In turn, those employees can access their accounts on the Internet, investing in any of 50 mutual funds. In addition to a 90-day money-back guarantee, Ez401k.com handles IRS audits free. Nice touch.

For a broader range of benefits, independent contractors can turn to FreeAgent.com or Aquent Partners.

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