Stay Ahead of Your State's
Retirement Mandate
Fast, compliant 401(k) setup for businesses nationwide — better than state-mandated IRA programs, with potential tax credits up to $16,500
Check Your State's Requirements
Check Your State's Requirements
State Mandates Are Expanding
Many states now require employers to offer a retirement plan, and more states are adding new deadlines every year. If your business doesn't comply, you could face costly fines per employee and miss out on valuable tax credits.
Active Penalties
11 states with active penalty structures ranging from $100-$750 per employee
Coming Soon
6 additional state launching mandate programs in 2025-2026
Stay Protected
Our 401(k) Fast Program solution ensures compliance in every mandate state
We make compliance easy:
Complete Setup & Onboarding
We handle everything from start to finish
Works in Every State
Our 401(k) solution ensures nationwide compliance
Maximum Tax Credits
We help you claim all available SECURE Act 2.0 incentives
Why a 401(k) Beats State Mandate IRA Programs
State mandate programs have low contribution limits, no employer match options, limited investment choices, and limited help when you need it. Our 401(k) Fast Program offers more flexibility, more savings power, more benefits for you and your employees, with white-gloved service.
| Feature | Typical State Auto-IRA | 401(k) with Our Fast Program |
|---|---|---|
| Contribution Limit | $7,000 (2025) | $23,000 + $7,500 catch-up (50+) |
| Employer Match | Not allowed | Yes — you choose match percentage |
| Tax Credits for Employers | None | Up to $16,500 over 3 years |
| Investment Options | Limited to state-selected funds | Wide range of investment choices |
| Portability | Limited portability | Fully portable with rollover flexibility |
WHY CHOOSE 401K FAST PROGRAM?
We're the smarter alternative to state-mandated plans
Up to $16,500 Tax Credits
Qualifying businesses can receive substantial tax credits over three years.
40% Higher Employee Satisfaction
Companies with 401(k) plans enjoy markedly higher employee satisfaction and 32% lower turnover rates compared to those without.
500+ Payroll Integrations
Seamless integration with your existing payroll system, done-for-you Form 5500 filing, and mobile-friendly access for employees.
401K FAST PROGRAM vs. STATE PLANS
Don't settle for less - choose the superior solution
| Features | 401kFastProgram | Minnesota Secure Choice |
|---|---|---|
| Tax Credits Available | ✓ Up to $16,500 | ✗ None |
| Payroll Integrations | ✓ 500+ Platforms | ✗ Limited |
| Mobile Access | ✓ Full Mobile App | ✗ Basic Portal |
| Expert Support | ✓ $3,500 Concierge | ✗ Minimal |
| Form 5500 Filing | ✓ Done for You | ✗ Your Responsibility |
| Employee Satisfaction | ✓ 40% Higher | ✗ Standard |
How It Works
Simple. Fast. Compliant.
1.
Select Your State
We show you your specific deadlines and requirements based on your state's mandate program.
2.
We Handle Setup
We integrate with your payroll, onboard employees, and manage all compliance requirements.
3.
You Stay Compliant
Avoid penalties and keep employees happy with a superior retirement benefit.
What Our Clients Say
"401kFastProgram saved us from the complexity of compliance while actually saving us money through tax credits. Our employees love the mobile app and the peace of mind it provides."
Andrew L.
CEO, Minneapolis Manufacturing Company
27 employees
Get Ahead of Your Deadline
Don't wait until your state sends a penalty notice. The earlier you start, the more you save in taxes — and the more your employees can save for retirement.
What are the penalties for not complying?
Minnesota takes compliance seriously with a structured penalty system designed to give businesses ample time to act. Here's what you need to know:
⏰ Your 24-Month Compliance Timeline Starts When:
Your business reaches 5+ employees
You've been operating for over 1 year
You don't currently offer a retirement plan
📅 What to Expect:
Months 1-6: Friendly reminder notices about the upcoming enrollment requirement
Months 7-18: Official written notices of non-compliance
Months 19-24: Two certified warning letters alerting you that penalties begin after Month 24
Month 25+: Penalties kick in and escalate annually
💰 Penalty Structure (Per Employee, Per Year):
Years 3-4: $100/employee (capped at $4,000 total)
Years 4-5: $200/employee (capped at $6,000 total)
Years 5-6: $300/employee (no cap)
Year 6+: $500/employee annually (no cap)
🚨 The Bottom Line: A business with 20 employees could face $10,000+ in annual penalties by Year 6. But here's the good news—you can avoid ALL penalties by implementing our 401(k) solution, which often costs less than the first year of penalties while providing superior benefits to your employees.
Why wait? Contact us today to get your compliant 401(k) plan in place and turn this mandate into a competitive advantage for your business.
How much does it cost to set up a 401(k)?
Our concierge solution includes $3,500 in education, training, and onboarding for qualified businesses.
What tax credits are available?
Under the SECURE Act 2.0, businesses with up to 100 employees can receive up to $16,500 in tax credits over three years:
• 100% of startup costs (up to $5,000 annually for 3 years)
• Additional $1,000 per employee credit for employer contributions
• Auto-enrollment credit of $500 for 3 years
How long does setup take?
Our streamlined process takes 2-4 weeks from start to finish. We handle all paperwork, compliance filings, and employee education.
Do I need to contribute as an employer?
No, employer contributions are optional. However, matching contributions are tax-deductible and help attract/retain employees.
What are my responsibilities as an employer?
We handle virtually everything! Your only responsibilities are payroll deductions and remitting contributions. We manage all compliance, Form 5500 filings, testing, and employee support.
How does payroll integration work?
We integrate with 500+ payroll systems including ADP, Paychex, QuickBooks, and more. Contributions are automatically calculated and deducted with minimal effort from you.
What if employees want to opt out?
Employees can opt out at any time, unlike some state programs with restrictions. We provide clear enrollment materials explaining their options.
Are there required employee communications?
Yes, but we provide all materials and handle employee education. This includes enrollment packets, investment education, and ongoing support through our mobile app.
What investment options do employees have?
Our plans offer diversified portfolios including target-date funds, index funds, and actively managed options - far more choice than state programs' limited options.
Can employees access their money?
Yes, 401(k) plans offer loans, hardship withdrawals, and in-service distributions not available in state IRA programs. Employees have much greater flexibility.
What happens if an employee leaves?
Their 401(k) account is 100% portable. They can roll it to a new employer's plan, keep it with us, or roll to an IRA. Much more flexible than state program restrictions.
Can I view my account on my phone?
Yes! Yes, our site is mobile-friendly and easy to access and make changes.
How does a 401(k) help my business?
Studies show businesses with 401(k) plans experience:
• 40% higher employee satisfaction
• 32% lower turnover rates
• 20% competitive advantage in hiring
• Significant tax deductions for the business
Can I start with just a few employees?
Yes! Our plans work for businesses with as few as 2 employees and scale as you grow.
What if my business is seasonal?
No problem! We accommodate seasonal employers and part-time workers with flexible eligibility requirements.
How do I get started?
Book a free 15-minute consultation where we'll review your situation, explain your tax credit eligibility, and provide a customized proposal.
What information do I need to provide?
Just basic business information: number of employees, current payroll system, and business entity type. We handle the rest.
Can I switch providers later?
While you can switch, our clients rarely do because of our superior service and competitive pricing. We're confident you'll love working with us.
Your premier 401(k) solution provider, helping businesses comply with state mandates while maximizing tax benefits and employee satisfaction.
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