ShareBuilder 401k Offers Free 401(k) Setup for Small Businesses through May 23rd
SEATTLE, May 01, 2025--(BUSINESS WIRE)--ShareBuilder 401k is waiving setup charges of up to $750 through May 23rd, making it easier for small businesses to provide retirement benefits to their employees while creating a tax benefit. According to a recent ShareBuilder 401k survey, only 24% of small businesses offer retirement plans to their employees, with many unaware they can offer affordable 401(k) benefits or that employer match costs are optional but can be mostly offset with tax credits and tax deductions.
"ShareBuilder 401k wants to make it easy and affordable for any size businesses to offer retirement plans to their employees including the self-employed," said Stuart Robertson, President and CEO of ShareBuilder 401k. "With our free setup offer, low-expense solutions, and tax credits from the Secure Act 2.0, small businesses can start a no to low-cost 401(k) and help their employees, and themselves build for a secure retirement while lowering personal taxes, too."
Passed in late 2022, Secure Act 2.0 eliminates most cost barriers for small businesses with employees. Businesses with employees who are starting their first 401(k) can qualify for tax credits which can offset ongoing administrative costs and applicable employer matching contributions too. For companies with 1-50 employees, the tax credits for employer admin costs are dollar for dollar up to $5,000 for each of the first three years of starting a 401(k). Most small businesses with employees will spend much less to offer a plan and can expect to spend $1,000 to $2,000 annually. Other tax credits and deductions help cover matching contributions an employer may choose to provide. Note that while the self-employed starting a Solo 401(k) are not eligible for these tax credits, any setup or ongoing support costs are generally tax deductible for their business.
Small business owners and employees can also benefit with either pre-tax 401(k) contributions to lower this year's taxes (monies will be taxed upon withdrawal in retirement) and/or using the Roth 401(k) feature to contribute after-tax and benefit from tax-free withdrawals in retirement. Unlike a Roth IRA, there is no income limit to contribute to a Roth 401(k).
Small businesses with employees interested in learning more about ShareBuilder 401k's free setup offer can visit www.sharebuilder401k.com.
About ShareBuilder 401k
ShareBuilder 401k is a leading digital 401(k) provider specializing in low-cost, all-ETF retirement products and resources for small- to mid-sized companies, including owner-only businesses. Founded in 2005, and now serving more than 6,500 businesses across the US, ShareBuilder 401k is a pioneer of the index-based 401(k), digital quoting and purchasing of retirement plans, and providing investment management (ERISA 3(38)) services for every client's fund roster. ShareBuilder 401k is committed to expanding access to retirement plans and leading more Americans to save through cutting-edge technology, low costs and quality education and support.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250501786623/en/
Contacts
Patrick Mendoza, mendozap@aristoscomms.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
12 minutes ago
- Business Wire
Windancer Holdings Names Newest Partner, CFO Kyle Knezovich
DAYTON, Ohio--(BUSINESS WIRE)--Windancer Holdings, a Dayton-based investment firm, announced today the promotion of Kyle Knezovich to Partner. Knezovich, who joined the firm in May 2022, will continue to serve as Chief Financial Officer. Since joining Windancer, Knezovich has played a key role in building and scaling the firm's financial and operational infrastructure. As CFO, he spearheaded the firm's investment fund structure, working closely with legal and tax counsel, while leading initiatives across accounting, trading, transaction execution, and organizational policy. 'Being named Partner at Windancer Holdings is a meaningful milestone. It reflects the intense focus we've put into building the operational foundation and financial discipline that supports our investment success. That's what it means to live our principle to 'concentrate, it only takes one,'' Knezovich said. 'As CFO and now Partner, I remain focused on empowering our investment team through clear, decisive leadership. This promotion isn't just a title. It's a deeper commitment to Windancer's mission to be exceptional in every part of our process.' Shane Connor, Managing Partner, added: 'In three years, Kyle helped build and scale Windancer during a period when the firm doubled its headcount and grew assets under management by approximately $200 million. He takes ownership of everything he does. The decision to make him an owner of our firm was an easy one. Kyle lives Windancer's core value of 'Embrace the Pace' and sets the standard for the firm's financial and operational rigor.' Knezovich's promotion reflects Windancer's investment in leadership as the firm continues to scale with discipline and long-term focus. About Windancer Holdings Windancer Holdings, LLC is an investment firm focused on active, high-conviction investment with flexible, long-term committed capital. The firm invests in and partners with companies, funds, and people on an opportunistic and unconstrained basis. Its long-term approach and culture are driven by the experience and entrepreneurship of the Connor family and The Connor Group. For more information, please visit
Business Wire
12 minutes ago
- Business Wire
Summit Bank Announces the Addition of Max Williams to Its Portland Metro Advisory Board
PORTLAND, Ore.--(BUSINESS WIRE)--Summit Bank is pleased to announce the addition of Max Williams to its Portland Metro Advisory Board. Williams brings decades of cross-sector leadership experience and a long history of service to Oregon's public, private, and nonprofit sectors. Most recently, he served as President and CEO of the Oregon Community Foundation, where he led the organization through a decade of extraordinary growth and transformation, expanding total assets from $1.2 billion to $3.7 billion and more than doubling statewide grantmaking. Under his leadership, OCF became one of the top 10 community foundations in the country and a catalyst for innovation in philanthropy and equity. "Max brings a rare combination of strategic vision, legal expertise, and statewide leadership experience," said Brian Thomas, Senior Vice President and Commercial Team Lead for Summit Bank's Downtown Portland Office. Share Previously, Williams directed the Oregon Department of Corrections and served three terms in the Oregon Legislature, including as Chair of the House Judiciary Committee. His professional background also includes more than a decade practicing law with Miller Nash LLP. "Max brings a rare combination of strategic vision, legal expertise, and statewide leadership experience," said Brian Thomas, Senior Vice President and Commercial Team Lead for Summit Bank's Downtown Portland Office. "His insights will be incredibly valuable as we continue to grow our presence and impact in the Portland Metro region." Summit Bank's Advisory Boards are composed of respected leaders and professionals who provide insight into local economic needs and opportunities. Their guidance helps shape the Bank's mission of supporting Oregon's business community through personalized, relationship‑based banking. Williams continues to serve on numerous nonprofit boards and remains focused on strengthening the state's civic and economic infrastructure. He'll be joined on Summit Bank's Portland Advisory Board by the following esteemed Portland‑area leaders: Adam K. Abplanalp, Managing Principal and Director of Client Experience at Cobalt CPA Jessica Getman, President of Brown & Brown Northwest Insurance Jerry Elliott, President & Founder of EOP Law Orlando Williams, President, CEO, and Chief Equity Officer of Motus Recruiting & Staffing Vanessa Sturgeon, President & CEO of TMT Development Dr. Tom Beer, Deputy Director and Chief Medical Officer at OHSU Knight Cancer Institute Together, this board brings deep experience across accounting, insurance, commercial real estate, staffing, healthcare, and development—precisely the kind of strategic insight Summit Bank needs as an active partner to Portland's growing business community. ABOUT SUMMIT BANK: Summit Bank Group Inc., through its wholly-owned subsidiary Summit Bank, maintains offices in Eugene, Bend, Redmond, Downtown Portland, and Westside Portland, specializing in providing high-level service to professionals and medium-sized businesses and their owners. The Bank was voted one of Oregon's "Top 100 Companies to Work For" for the fourth consecutive year, according to Oregon Business Magazine. Summit Bank was honored as "Favorite Bank" in the Eugene Register-Guard's annual Reader's Choice Awards and "Best Bank" by Central Oregon's Bend Bulletin for the past two years. Recently, Summit Bank was recognized by American Banker as one of the top 100 banks in the country, affirming its position among the elite national financial institutions. Additionally, Lane County recently named Summit Bank one of the best places for parents to work. Summit Bank Group Inc. is quoted on the OTCPK under the symbol SBKO.
Business Wire
12 minutes ago
- Business Wire
BallotTrax™ Secures Second U.S. Patent for Mail Ballot Tracking and Voter Notification System
DENVER--(BUSINESS WIRE)--i3logix, the Denver-based software company behind BallotTrax ™, the country's first and only patented mail-ballot tracking and notification system, has been awarded a second new U.S. patent, solidifying its market position to deliver proactive ballot status alerts to voters. U.S. Patent No. 12,340,633, issued June 24, 2025, with a priority date of February 2, 2010, expands the company's IP protections. BallotTrax™ is now the only system with patented technology to notify voters—via text, email, or voice—of their ballot's status at each step of the mail voting process. 'Ballot status notifications have become one of the most cherished features of vote-by-mail systems,' said Steve Olsen, CEO of i3logix. 'Now that our technology is protected by patent, we're ensuring that counties and states can continue providing these critical alerts legally, reliably, and securely. Voter confidence depends on it.' The BallotTrax™ system receives data from ballot printers, election systems, and USPS scans. An intelligent barcode, linked to the voter's ID, is printed on outbound and inbound envelopes—never on the ballot itself—preserving privacy while enabling transparency. Voters choose how and when to receive alerts, with customizable delivery methods, languages, and notification windows. Counties use BallotTrax™ to automate outreach for issues such as signature mismatches or ballot rejections, and to offer helpful reminders and drop-off options. Vote-by-mail has surged in popularity since 2020, and BallotTrax™ now serves 19 states and nearly 400 counties—tracking approximately one in every four ballots cast in the United States. The company's first patent, issued in 2023, established a foundation for secure mail ballot tracking. The newly awarded patent expands those protections to cover additional aspects of the platform's architecture, alerting mechanisms, and voter customization features—ensuring that the BallotTrax™ intellectual property remains the only fully protected and compliant solution on the market. 'This patent underscores our leadership in secure, compliant, and voter-centric election technology,' Olsen added. 'We're committed to protecting the integrity of our system and ensuring that election officials have the most technologically advanced and protected system on the market.' Counties using BallotTrax™ report reduced administrative costs, improved vendor accountability, and significantly enhanced voter trust. i3logix continues to expand its IP portfolio and work closely with jurisdictions to ensure compliance ahead of upcoming elections. To explore how BallotTrax™ can support your next election, visit or contact Steve Olsen directly at solsen@ Founded in 2005, i3logix is a Denver-based information services and software development company specializing in secure, scalable solutions for elections, healthcare, and business intelligence. With a focus on innovation, transparency, and trust, i3logix empowers government and commercial clients to deliver efficient, user-friendly services that improve outcomes and customer experience. BallotTrax™, its flagship election product, is used by hundreds of jurisdictions nationwide to provide voters with real-time ballot tracking and notification.
