About Us
Program Overview
American 401k offers an open-architecture investment platform of mutual funds, ETFs, CITs, and individual securities.
Our retirement plan operations have been servicing businesses for over 35 years
Businesses 1 – 1,000 employees
Our Alliances
MML Investors Services
MML Investors Services, LLC® (MMLIS) is a subsidiary of MassMutual. MMLIS, in its capacity as a registered Broker-Dealer with the Financial Industry Regulatory Authority (FINRA), and member of the Securities Investor Protection Corporation (SIPC), is one of the nation’s largest independent broker-dealers and a leading registered investment advisory firm offering investment products, wealth management services, and retirement plan programs. MMLIS, founded in 1981, currently has over 8,000 knowledgeable financial professionals, nationally.
Your plan will be supported by individuals who hold the designations of Accredited Investment Fiduciary (AIF®) and Chartered Retirement Plan Specialist (CRPS®).
Accredited Investment Fiduciary® (AIF®) designees can demonstrate that they have met educational, competence, and ethical excellence to carry out a fiduciary standard of care and serve the best interests of their clients. Please visit Fi360 to learn more about an AIF.
Chartered Retirement Plan Specialist (CRPS®) is the industry-benchmark for credentials related to retirement plan creation & maintenance. A CRPS® designee has specialty knowledge to recommend implementation techniques that can be executed into well-structured, company-appropriate retirement plans.
Matrix Financial Solutions Inc. (Matrix) is the custodian for all plan assets and transactions of American 401k. Matrix, a Broadridge Company, is a nationally leading independent provider of products and services for financial professionals, including banks, third party administrators, recordkeepers, financial advisers, broker-dealers, mutual fund providers, and insurance providers, among others.
Matrix holds a position as one of the largest independent platforms in the wealth and retirement services channel. Matrix serves more than 300 financial institutions with over $120 billion in customer assets processed through its trading platform, as of 12/1/23.
90% of the Fortune 500, and companies of all sizes across the U.S. rely on Matrix for 401k transaction processing.
Matrix provides automated trust, custody, and agent services for qualified and non-qualified (Deferred Compensation) retirement plans. Matrix can also serve as a directed trustee or custodian for qualified retirement plans, with assets held at an outside custodian or brokerage firm.
Matrix is a Colorado state-chartered trust company.
Matrix Trust Company retains an independent, certified public accounting firm to SSAE18 internal audits of its procedures and controls.
Matrix Financial Solutions
Ubiquity Retirement + Savings™
Ubiquity Retirement + Savings™ is the exclusive record keeper and administrator of American 401k. Headquartered in San Francisco, CA, Ubiquity has been serving businesses since 1999.
Rated #1 on Google Reviews, Ubiquity offers top-tier, low expense, complete-solution retirement plans for all sized business across the U.S. Ubiquity is customer-friendly, always with human support, and is recognized as a leading industry 401k provider:
awarded INC 5000 fastest-growing private companies in America for 11 years in a row
certified as a Freedom-Centered Workplace and has made the WorldBlu List of Most Freedom-Centered Workplaces
maintains the Service Organization Control (SOC) 1, type 2 Audit and (SOC) 2, type 2 Audit covering requirements in addition to Ubiquity’s internal controls, demonstrating a year over year commitment to ensuring complete and accurate financial accounting, security, and information technology controls over the record keeping platform
highly automated digital technology seamlessly integrates the record keeping platform to your payroll service provider for streamlined, ongoing efficient management of 401k payroll contribution processing
upholds impeccable standards of corporate governance
With best-in-class services, Ubiquity is an ideal partner to meet the retirement benefits demands of your growing business.
Ubiquity is not an affiliate or subsidiary of MML Investors Services, LLC.
Neither Matrix Financial Solutions nor Ubiquity are affiliates or subsidiaries of MML Investors Services, LLC. or its affiliated companies.
Our Process
Essential to our “needs-based” approach is the ability to listen and ask the right questions. Objectivity is our mainstay in recommending plan design and offering suitable investment alternatives. The result is a benefits program that adds tangible value to your organization, helping you attract and retain quality employees.
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Before we suggest the best fit retirement plan configuration, we carefully assess your unique needs and particular goals.
Goals to consider:
-you may have specific employer contribution intentions
-you can establish favored employee classes for differing % of employer contributions
-eligibility features are custom designed for your program
So, we prepare options for proposed designs that match your particular interests. Then, retirement plan specialists closely interact to tailor the plan to your complete satisfaction during this important phase.
Thereafter, it’s smooth sailing for most all day-to-day administration handled by your assigned 401k account manager.
-Payroll contributions are handled automatically where your payroll provider is aligned with the 401k recordkeeper
-Employee eligibility and enrollment are supported by your advisory team
-Your Administrator helps to maintain compliance and keep you on track with Federal regulations
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The most essential element of any 401k is the perception of your benefit among employees, and this begins with our quality advisory services.
We support your employees initially with the enrollment process and continually by engaging with their interests, questions, and individual needs. As experienced advisors, we are educators and motivators, enriching lives by empowering individuals to invest successfully for retirement.
Employees commonly appreciate the hands-on support when they need it.
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Investments as well your business retirement benefit goals may change over time, so we help you monitor your program through regular annual checkups.
Our intent is to ensure that you have the most suitable and contemporary plan design to fit your growing needs.
Plan reviews are scheduled automatically and with additional assessments upon your request at no cost.
Fiduciary Investment Reviews are completed to closely evaluate existing fund performance as measured against peers within respective investment categories
The investment lineup can be enhanced through free fund additions & substitutions, and we take out the guesswork with careful recommendations based on a comprehensive scorecard methodology
Our all-inclusive program covers each element of proper plan design and fiduciary stewardship. We take the complex and make it easier for you to run your business while delegating most 401k responsibilities to us. In these ways, we remain attractively distinguishable within the retirement plan marketplace.
Advisors & Robo-Advisors Working Together
A robo-advisor is an online platform that builds and manages your investments automatically based on profile information that you enter including an anticipated investment time horizon, risk comfort level, and investment goals. Then, financial advice is generated from an algorithm instead of a person. This approach is quite attractive for your busy employees who are on the run and managing from a mobile device. It can create a sense of confidence without the effort of having to keep track, actively managing a portfolio.
We take it one step further, supplying advisors at your disposal to give customized individual employee education. Each employee is unique with varying financial goals, so we offer:
enrollment process walk-through
group and 1-on-1 employee meetings for educational excellence
risk assessment
model portfolio design
higher participation through ongoing employee support
better savings rates through our dedication to each eligible employee
roll in support to combine retirement assets into the new 401k
