Retirement

Set up a 401(k) through one of Every’s partners and record your provider

Benefits lists retirement partners under Financial, where you start setup with one of them. When Home shows a 401(k) compliance alert, you record your provider there.

Company Admins and HR Admins can use Benefits after your company enables payroll and finishes company and payroll onboarding.

Start with a partner

On Benefits, select the retirement partner’s row under Financial. The partner’s website opens in a new tab, where you continue setup.

The first time anyone at your company selects a partner, its row shows In Progress. Selecting it again keeps its current badge.

Record your provider

If your company already has a 401(k) plan, record its provider from the 401(k) compliance alert on Home.

1. Open the alert

   On Home, select the 401(k) compliance alert to open Setup 401k policy.

2. Select your provider

   In 401k Provider, select Human Interest or Octave Wealth.

3. Save the provider

   Select Submit. Every saves the provider and marks the alert complete.

If you don’t have a plan yet, the link in the sheet’s explanation opens Benefits, where you can choose a partner.

Dismiss the 401(k) alert

Selecting Dismiss opens a dialog that asks you to confirm that every employee on payroll, excluding contractors, is a company owner.

The dialog warns that dismissing the alert won’t protect you from penalties, and that your state may require a 401(k) if any employee isn’t an owner. If you have hired non-owners, select Cancel, I have hired non-owners and need a 401k to record your provider instead.

1. On Home, select Dismiss on the 401(k) compliance alert.
2. In the dialog, select Dismiss, we are all founders and don’t need a 401k. Every removes the alert from Home.