SQUARE PAYROLL
Support your team’s futures with 401(k) plans.
Get a modern, affordable 401(k) plan that helps you and your employees save for retirement through our partner, Vestwell. Contributions and deductions sync automatically with Square Payroll, making setup and management seamless.
Simple and fully integrated
Through our partner, Vestwell, you can leave the heavy lifting to the experts. They will:
- Handle plan administration and employee onboarding.
- Conduct required compliance testing.1
- File necessary government forms.
- Sync employee data automatically with Square Payroll.
- Process 401(k) deductions with each payroll run
Predictable pricing
Vestwell keeps prices low and predictable month to month.
- Their most popular plan is $125/mo + $8 per participating employee.
- Participants pay an annual account fee starting at 0.2%.2
Set up in three simple steps:
Open an account.
Your company details and employee info will import automatically from Square Payroll.
Build your plan.
Vestwell specialists will help you design a plan, including options like profit sharing, employer matching, and more.
Set a start date.
Vestwell will invite and onboard your employees and provide full support every step of the way
WHAT THEY’RE SAYING
85% of workers say that a 401(k) benefit is critical when deciding to accept a job.
Explore other Square Payroll add-ons.
Workers' comp
Protect your business with insurance, required by many states if you have one or more employees.
Health benefits
Offer a medical, dental, and vision plan that fits every member of your team.
Square is not a client of Vestwell. Vestwell pays a fee for each 401(k) and SEP IRA client referred by Square, as outlined in our written solicitation arrangement with Square. We’ll provide additional disclosures prior to opening an account with Vestwell. See our Privacy Policy to learn how we use and protect your information.
1All plans of related entities must be administered by Guideline in order to provide compliance testing.
2An assumed annual account fee of 0.2% is applied to assets under management and is deducted on a monthly basis.