Financial Services & Retirement Solutions
Payentry Financial Services offers a unique selection of retirement solutions with plan options that enable businesses of any size to reduce costs. Through leveraging our relationships, Payentry Financial Services is able to offer plan options that are attractive to any employer.
Zero setup fees
Below industry pricing
Flat fee services
Institutional fund lineup
Competitive expense ratios
ERISA fiduciary services
Option for zero employer fees
401K Multiple Employer Plan
Our 401K plan is sponsored by Payentry Financial and combines unaffiliated employers into one retirement plan. Payentry Financial bears the responsibility for administering the plan and assumes the fiduciary responsibility as the plan sponsor.
This is the best option for companies that do not want to pay any administrative costs associated with sponsoring a 401K plan and do not want to take on the fiduciary liability. This offering is attractive to small businesses that want to offer a retirement plan option to their employees but cannot afford to pay for the usual employer costs.
No cost to Employer for establishing the plan
No annual administrative fees to the employer
Extensive fund lineup
No employer match requirements
Some employees set it and forget it, some want to change their retirement deduction every quarter. This lets everyone update it and make sure it’s exactly what they want.”
Traditional 401K Plan
Typical 401K plans charge fees across several layers of providers including: payment to the third party administrators, retail investments, and brokers. Our Payentry 401K plan has created relationships across the investment landscape and worked to lower these fees for employers and employees by creating a plan that charges low flat fee pricing and no commissions.
This offering is unmatched in the marketplace and can save you and your employees thousands of dollars.
Flat fee pricing for administration
Flat fee pricing for advisory services
Complete institutional fund lineup (No Commissions)
featuring Vanguard, American Funds, and others
ERISA (3)21 or (3)38 fiduciary services
Competitive with any other 401k offering in the market place
I don’t have to worry about calculating my matching deductions, it’s just automatically right.”
Payentry IRA Plan
Our Individual Retirement Account (IRA) option is simple to set up and operate for any size employer for a small annual fee. There are no filing requirements or employer contributions required in this plan. Employees can choose to contribute to this plan along with other retirement savings contributions.
The ease of setting up a recurring payroll deduction makes participating easy for employees.
No per-head record keeping or advisory costs
No fiduciary liability for the employer
Little time requirement required by employees
Employer matching is not required
I never have to sync our payroll data with our TPA, Payentry just automatically handles that.”
Features our clients love
Simple & Easy Interface
Have complete control of Payroll through a simple and easy interface.
Utilize freely our USA-based support team as you need them.
Hiring & Onboarding
Use unmatched Hiring & Onboarding tools with simple payroll transition.
Automatic Tax Filing
Establish automatic payroll tax filing for local, state, and federal taxes.
Pre-Tax & After-Tax Benefits
Manage medical insurance, HSA, FSA, IRA, 401(k) and more.
Vacation & Sick Days
Establish time-off policies and manage employee usage.
Handle all employee reimbursements while managing payroll.
Salary, Hourly, Contractor
Work with any type of employee or 1099 contractor that your business supports.
Work seamlessly with HR, accounting, bookkeeping, and more.