Retirement plan provider 401GO is partnering with isolved, a human capital management (HCM) technology solution, to offer retirement plans within isolved’s cloud network.
The new plan, isolved 401(k), will be powered by 401GO and will include three 401(k) plans, each tailored by company size. The plans will be available on the isolved People Cloud. isolved currently works with 189,000 employers with 7.7 million employees.
According to an announcement, plan sponsors will have the option between selecting three plans, including: isolved 401(k) Enterprise – A c plan for growing businesses, featuring profit-sharing, investment support, and automated compliance tools; isolved 401(k) Small Business – a salary deferral-only 401(k) plan for businesses looking to comply with state mandates; and isolved 401(k) Solo – designed for one person plans.
