Your question: Small Teams (2–25 Employees)

Answer:

If you lead a lean team, you’ll need to balance simplicity with meaningful benefits to retain talent.

Best For:

  • Tech Startups
  • Private Medical Practices
  • Nursing & Allied Health Firms
  • Boutique Consulting & Legal Firms
  • Dentists with support staff
  • Small Business Owners in Creative Fields

Best Fit Plans:

  • SIMPLE IRA – Easy to administer with required employer match or contribution.
  • Traditional 401(k) – Higher contribution limits, profit-sharing, and optional Roth deferrals.
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