401(k) Safe Harbor Plan

For Corporations or Private Companies with fewer than 25 employees

A 401(k) Safe Harbor plan with administrative and investment services from the Principal Financial Group^® combines the administrative ease of the SIMPLE-IRA with the contribution flexibility of a 401(k) plan, allowing you and your members to truly maximize retirement savings.

With a 401(k) Safe Harbor plan, your employees are 100% vested in your qualified contributions. You can choose either:

(Basic) Match 100% of the first 3% of compensation, plus 50% of the next 2% of compensation;

(Non-elective) Contribute 3% of compensation to all eligible employees.