Safe Harbor
A plan option that can help business owners maximize savings and pass compliance testing
Read case study Download the guideWhat is Safe Harbor?
Safe Harbor is a type of employer contribution that can be added to a 401(k) plan in order to help the plan pass compliance testing.
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How Safe Harbor Works
Safe Harbor is a type of employer contribution that is added to a 401(k) plan in order to help the plan pass compliance testing. There are types of contributions an employer can choose from: Non-Elective, Basic, Enhanced.
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Why Safe Harbor is Important
Adding a Safe Harbor provision to the 401(k) plan allows the plan to pass compliance testing. This enables highly compensated employees to maximize their annual personal contributions.
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How Fisher Can Help
Fisher is one of America's top advisory firms with deep experience helping business owners navigate the ins and outs of evaluating and setting up a Safe Harbor strategy tailored to meet their specific objectives.
Must-See 2-Minute Video
Safe Harbor Video
Watch this short video to learn how successful business owners can leverage Safe Harbor to maximize savings for themselves and highly compensated employees while passing annual compliance testing.
Safe Harbor Guide
What business owners need to know about adding a Safe Harbor to their 401(k) Plan.
There are 3 Options for Safe Harbor Contributions
Non-Elective Safe Harbor
Eligible employees get an annual employer contribution of 3% of their salary. This amount is immediately fully vested and the employee gets it whether or not they contribute to the plan.
Basic Safe Harbor Match
The employer matches 100% of the first 3% of each employee’s contribution and 50% of the next 2%. Employees are required to contribute to their 401(k) in order to get the match.
Enhanced Safe Harbor Match
The employer matches 100% of the first 4% of each employee’s contribution. Like a Basic Safe Harbor Match, employees are required to defer money to their 401(k) in order to qualify for the match.
Safe Harbor Case Study
See how to leverage a Safe Harbor feature to help highly compensated employees maximize their 401(k) contributions.
Solutions for Top Heavy 401(k) Plans
Learn about some of the solutions available for top heavy 401(k) plans.
Why Work with Fisher
Fisher redefines what it means to be a partner in retirement by providing superior guidance, unparalleled service and simple and easy program administration.
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Your Interests First
Incentive structures that are aligned with your success. No revenue sharing, no kick-backs or commissions. When you do better, we do better.
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DIFY (Do It For You) Approach
Our servicing solutions focus on doing everything we can for you. From acting as a single point of contact for your plan to selecting your investments, we provide services that many other advisers can’t or won’t provide.
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Superior Financial Guidance
As one of America’s top financial advisors, we work with you to build the optimal program and provide ongoing one-on-one financial guidance to maximize wealth generation.
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Small Business Expertise
We specialize in small business retirement plans. As a result, we act as your advocate and have the knowledge, resources and clout to champion your needs.
Schedule your free consultation!
One of our 401(k) business specialists would love to talk to you about your company's retirement plan needs.
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