EMPLOYER-SPONSORED RETIREMENT
A Better Way to Power State-Facilitated 401(k) Programs
A fully coordinated retirement solution connecting plan sponsors, recordkeepers, investment managers, and compliance administrators through one centralized platform.
Who Makes Up a 401(k)?
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RECORDKEEPER
- Maintains participant account records and processes all transactions
- Handles enrollment, contributions, loans and distributions
- Provides participant support and account access tools
THIRD-PARTY ADMINISTRATOR
- Manages plan design, documents, and administrative operations
- Performs required nondiscrimination testing and reporting
- Ensures legal and regulatory compliance year-round
INVESTMENT MANAGER
- Serves as a 3(38) fiduciary with discretionary investment authority
- Selects, monitors, and replaces plan investment options
- Assumes full fiduciary liability for investment decisions
PLAN SPONSOR
- The employer who establishes and maintains the plan on behalf of employees
- Carries fiduciary responsibility for plan decisions and participant outcomes
- Responsible for ongoing compliance with ERISA and IRS regulations
FINANCIAL ADVISOR
- Provides guidance to the plan sponsor on plan design and governance
- Supports participant financial education and enrollment efforts
- May serve in a fiduciary or non-fiduciary capacity
BEHIND THE PLATFORM
Powered by Direct 401K
Direct 401K sits at the center of every retirement plan exchange — actively administering, connecting, and reporting across the entire program with complete visibility and accountability from end to end.
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Plan Exchange Marketplace
A centralized marketplace to compare, evaluate, and seamlessly transition retirement plans with confidence.
Due Diligence
Built-in tools and guided workflows ensure every decision is documented and aligned with fiduciary best practices.
Sponsor Support
Dedicated support and resources help plan sponsors navigate decisions and manage their plan with confidence.
Data Collection
Automated and streamlined data collection simplifies onboarding and reduces manual effort and errors.
Reporting & Optimization
Robust reporting and real-time insights provide visibility into plan performance and long-term success.
GET STARTED
Take the next steps towards a streamlined 401(k) program for your state
Connect with our team to walk through the platform and see how Direct 401k's exchange creates better 401(k) outcomes for your state's small business owners.