Boulder Chamber 401(k) Program
Introducing the NEW BOULDER CHAMBER 401(k) Program
A new cost-effective opportunity exclusive to our membership
In addition to our on-going efforts in the areas of economic vitality, advocacy, marketing, professional development and business networking, the BOULDER CHAMBER works hard to bring our members cost-saving business to business deals, and solutions that help you show your employees that you value what matters to them.
Did you know?
The Colorado Secure Savings Program (Senate Bill 20-200) now requires all businesses with five employees or more to offer a qualified retirement plan like a 401(k)—or face fines.
The IRS offers three tax credit programs to offset not only the administrative costs of implementing a plan, but also the ability to offset employer contributions to employees. A new plan can be eligible for up to $55,500 in tax credits annually for the first three years of plan operation!
A quick conversation with our group plan specialist can help you compare value to money spent for your retirement plan.
We are partnering with Lincoln Financial Group to deliver to you:
Access to potential pricing and service efficiencies - economies of scale
Less administrative work, as you hand off many of the responsibilities that come with running a 401(k), including filing Form 5500 and employee loans
Relief from many fiduciary obligations, while maintaining your current plan design — or changing to a plan design that works for you
Not a Boulder Chamber member yet?
Contact membership@boulderchamber.com to enroll in a BOULDER CHAMBER membership to take advantage of this opportunity, today!
Mastering Compliance:
Boulder Chamber's 401(k) Program Webinar
Webinar Replay
This webinar alert business owners as to what they are required to offer in the retirement space prior to February 2024, as well as the financial consequences of non-compliance.
Our aim is to ease your burden. Whether you're currently managing a retirement plan or exploring the possibility of having one, we invite you to leverage this opportunity. Our dedicated group plan specialist is prepared to engage with you and discuss the available options.
FUTUREPLAN | Fiduciary and Third-Party Administration partner
Johan Sverdrup, QKA
Vice President, Sales
Johan.Sverdrup@futureplan.com
First Western Trust
Kristin Jacobson, AIF®, CPFA
SVP, Director Retirement Services
Kristin.Jacobson@myfw.com
Media Gallery
Watch this video to learn more about the value of group MEPs 401(k) plans.
Watch this video to learn more about the value of group MEAPs 401(k) programs.
Watch this video to learn more about the value of group PEPs 401(k) plans.
Frequently Asked Questions
The Colorado Secure Savings Program (Senate Bill 20-200) now requires all businesses with five employees or more to offer a qualified retirement plan like a 401(k)—or face fines. Read the Senate Bill 20-200 here.
We’re thrilled to announce our partnership with Lincoln Financial Group to deliver a new cost-effective solution, the BOULDER CHAMBER 401(k) Program.
Here’s what you’ll experience with the new BOULDER CHAMBER 401(k) program:
- Access to potential pricing and service efficiencies — economies of scale
- Less administrative work, as you hand off many of the responsibilities that come with running a 401(k), including filing Form 5500 and employee loans
- Relief from many fiduciary obligations, while maintaining your current plan design — or changing to a plan design that works for you
Because partnering with Lincoln delivers benefits that go beyond the retirement plan itself.
- Personalized service — Members who join the plan receive ongoing, dedicated attention, and Lincoln will work closely with BOULDER CHAMBER to recruit new businesses into the plan.
- Demonstrated value — Surveyed Lincoln plan sponsors rated their overall satisfaction at 90% in 2019,* and their award-winning websites help make your experience even easier.
- Deep experience — Lincoln has been in business since 1905, is a recognized leader in the retirement plan space and has group 401(k) program experience dating back to 1995.
*Lincoln Financial Group, “Annual Plan Sponsor Satisfaction Research,” 2019.
This is yet another great reason for you to join the Boulder Chamber membership! There is no time to waste, contact our Membership Team at membership@boulderchamber.com to take advantage of this member’s exclusive benefit!
Now’s a perfect opportunity to reach out to Schedule time with our Group Plan Specialist, Charlie Bannon, who will review and benchmark your plan and assess whether it’s meeting your goals — or if transitioning to the Boulder Chamber 401(k) program could better meet your needs.
Check out this video to learn more about the value of group MEPs 401(k) plans.
Check out this video to learn more about the value of group MEAPs 401(k) programs.
Check out this video to learn more about the value of group PEPs 401(k) plans.
A new plan can be eligible for up to $55,500 in tax credits annually for the first three years of plan operation.
Join us on August 30th for a virtual informational session, in which we will review the state plan as well as the alternatives which satisfy the mandate, focusing in on the three tax credit programs offered by the IRS to offset not only the administrative costs of implementing a plan, but also the ability to offset employer contributions to employees.
Or watch the recorded session here (will be added after the session).