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Big Plan Benefits.
Small-Business Friendly

Give your team a retirement benefits program that competes with the big guys.

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What Makes Us Different: The Multiple Employer Plan (MEP)

Most small businesses that offer a 401(k) do it on their own, which means they're responsible for plan administration, compliance filings, investment selection, and all the fiduciary liability that comes with it. It's a significant burden, and it's why many employers don't offer one at all.

SPLI's 401(k) changes all that with its Multiple Employer Plan (MEP).

Instead of sponsoring your own standalone plan, your company joins our shared plan structure. You get the purchasing power, the investment options, and the compliance infrastructure of a large employer. All you have to do is communicate the benefit to your team.

The result? A competitive retirement benefit program your employees will value at a cost that'll surprise you.

Construction team giving high fives

Pricing

Numbers That Speak for Themselves

Because SPLI's 401(k) operates as a MEP, administrative costs are shared across all participating employers. That shared structure is what makes our pricing possible and what makes the comparison below so striking.

  Southeast Personnel Leasing, Inc. Competitor
Plan Assets: $67,000  |  Active Plan Participants: 19
Annual Fees
Recordkeeper Fees 0.51% 9.41%
Average Investment Expense 0.24% 0.15%
3(38) Advisory Fee 0.15% 0.10%
Estimated Total Plan Cost % 0.90% 9.66%
Estimated Total Plan Cost $ $604.30 $6,469.50
Estimated Employer Cost $** $75.00 $6,302.00
Fixed Expenses
Annual Participant Fee $0.00 $118 per participant*
Annual Base Fee $75.00* $3,360.00*
3(16) Administrative Fiduciary Fee Included $700.00*
Total Annual Employer Cost (after setup) $75 / year $6,302 / year

* Included in recordkeeping fees for illustration.   ** Estimated Employer Cost excludes asset-based fees that are deducted from plan assets.

The SPLI 401(k) Advantage

A simpler, smarter way to offer a retirement benefit your employees will actually value.

Truly Turnkey

From plan set up to compliance filings, SPLI handles it all. You offer the benefit. We keep it running.

Diversified Investment Options

Our solution offers a diversified lineup of low-cost investment options across a variety of domestic and international asset classes. We also provide target date funds that automatically shift allocations from growth-oriented investments to more conservative options as employees approach retirement. It's an ideal choice for those seeking a simple, "set it and forget it" investment strategy.

Designed for You

Our dedicated, licensed Financial Advisor will work with you to design your match structure. Whether that's Safe Harbor, discretionary, or no match at all, the plan is yours.

We're In this Plan, Too

SPLI employees participate in the same 401(k) program we offer to our clients. Same investment options, same structure, same fees. When we say it's a program worth offering your team, we mean it.

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Contribution Options for Every Situation

SPLI's 401(k) program supports multiple contribution types, so employees can save in the way that makes the most sense for their financial situation, and employers can structure matching in a way that fits their budget and goals.

Option 01

Traditional 401(k)

Employees contribute pre-tax dollars, reducing their taxable income today. Taxes are paid when funds are withdrawn in retirement. This is the most common contribution type.

Option 02

Roth 401(k)

Employees contribute after-tax dollars. Withdrawals in retirement are tax-free. A strong option for employees who expect to be in a higher tax bracket later in their career.

Option 03

Safe Harbor

An employer match structure that automatically satisfies IRS non-discrimination testing. Simplifies compliance and is often the right choice for companies that want to maximize owner contributions.

Who Can Participate?

For Employers

Any active SPLI PEO client is eligible to offer the 401(k) program, regardless of the company employee size.

However, the program must be offered to all eligible employees. It cannot be limited to select individuals or job classes.

For Employees

IRS eligibility requirements apply:

  • Minimum age: 18
  • Service requirement: employees may be eligible upon hire (employer may require up to one year of service)

Vesting schedules are determined by the employer's chosen match structure and are reviewed during the plan design consultation.

Getting Started

From Consultation to Enrolled in Three Easy Steps

1

Request a Consultation

Fill out a short form and a member of our team will be in touch. No commitment required.

2

Design your Plan

This is where your plan takes shape. You'll work one-on-one with our dedicated, licensed Financial Advisor to choose your match structure, set eligibility parameters, and make sure the plan fits your company’s goals and budget.

3

Enroll and Let SPLI Handle the Rest

Once your plan is live, SPLI manages ongoing administration, compliance filings, and employee enrollment support. Your dedicated Financial Advisor will conduct seminars for your team. And your 401(k) specialist is available whenever you or your employees have questions.

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2739 US Hwy 19 N, Holiday, FL 34691