401(k) and Retirement Services Made Simple
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Easy to Manage. Easy to Save. Reward Your Employees with a Paychex 401(k) Retirement Plan.
Help Your Employees Prepare for Their Future
As the nation’s largest 401(k) retirement plan provider1, we know how to administer retirement plans for businesses and their employees. Paychex plans offer higher contribution limits, match options, potential tax credits, and simplified administration.
Compete for Talent with Fortune 500-Level Benefits
Attract and retain top employees with competitive benefits that include affordable health insurance, dental, vision, and ancillary benefits programs. Team up with Paychex to offer a variety of valued benefits programs and make them easier to manage.
Simplify Plan Administration and Compliance
Our easy-to-use dashboard simplifies complex processes such as 401(k) investment selection, changing plan contributions, existing and pending loan status, and distribution activity. With our technology platform, you can improve reporting accuracy, collect data, and help enable better compliance — all so you can meet your plan responsibilities.
Let’s Take a Look at the Benefits
A Paychex 401(k) plan can benefit your business, yourself, and your employees.
- Both employees and business owners can save more for retirement faster with higher contribution limits than traditional IRAs
- Save taxes for your business—including up to $16,5002 in tax credits for eligible new plans. Businesses that make employer matching or profit -sharing contributions may qualify for an additional credit of up to $1,000 per employee for 5 years3
- Attract and retain employees in a tight labor market
- Fulfill the requirements for state retirement savings mandates

Team Up With Paychex, the Nation’s Number One 401(k) Recordkeeper1
Why is a 401(k) plan with Paychex different? We make offering an employee 401(k) plan easy and affordable with:
- Full 401(k) administration—Paychex takes care of the details for you
- Flexible plan designs to meet your company’s needs
- A wide array of investment options
- Compliance testing and analysis; plan audits and filings
- 24/7 online access for participants to change investment options, transfer existing balances, and request loans
Let’s Find the Right Plan for Your Business.
Paychex offers different 401(k) plans for all types and sizes of businesses. Whether it’s a turnkey Pooled Employer 401(k) Plan (PEP) or a more traditional 401(k), we can help your employees achieve their retirement goals and put tax savings in your pocket.
- Pooled Employer Plan (PEP)
- Single Employer Plan (SEP)
- Multiple Employer Plan (MEP)
- Standalone third-party administration services (TPA)
- Recordkeeper-only services
- Owner-only 401(k) and Solo 401(k) for sole proprietors
- Simple IRA
Get the Paychex HR Advantage
We offer integrated and cost-effective human resource (HR) administration services in the areas of payroll, employee health benefits, and risk management, so you can:

Attract and Retain Talent
We can help you to offer programs and benefits that assist you with recruiting and retaining the very best employees in today’s marketplace.

Focus on Your Core Business
We can provide support for many of your HR and payroll administration tasks.

Offer World-Class Benefits
We can help you design a benefits package that will help you to compete with Fortune 500 companies for the best employees.

Mitigate Risk
We can help keep your business in compliance by keeping track of complex employment laws and regulations and offering risk management strategies.

Access Next-Gen Technology
Our best-in-class websites help to make it easy to manage HR, payroll, and benefits.
Get the Edge in Today’s Labor Market
We have specialists ready to help you understand your HR options and to make sure that you are choosing the solution that best fits your needs.