Enable the Future of Your Employees in California
An affordable 401k for
California businesses
Questions? Reach out to our team
at 1-800-935-7214
We have options for businesses in California
The state of California requires that all businesses with one or more employees provide access to a retirement savings plan. As a business owner, you can choose to offer the state-sponsored plan, or a different plan like the Finhabits 401k, which offers additional benefits for both you and your employees. Act now to avoid potential penalties.
Questions? Reach out to our team at 1-800-935-7214

A smart solution that you & your employees can trust

Easy-to-manage plans

Plan administration 3(16), record keeping, fiduciary oversight, and investment management 3(38) are included in our plans.
Safe harbor status
Designed to automatically pass most nondiscrimination tests required by the IRS.

Matching options

Finhabits has different 401k match options to help incentivize your employees to contribute to their plan.

Smart investments

Help your employees save efficiently for retirement with low-cost target date funds.

Build financial habits

Our platform helps your employees gain control of their finances so they can thrive at work.

Bilingual mobile app

Employees can download our bilingual app to access educational tools and monitor their account.
Show your employees that you care
Employees do care when their employer shows commitment to their financial well-being. That’s why, in today’s competitive job market, offering a retirement savings plan can be the difference between retaining and losing talent.
Employees do care when their employer shows commitment to their financial well-being. That’s why, in today’s competitive job market, offering a retirement savings plan can be the difference between retaining and losing talent.
How to get started?

1

Request a demo
Discover how Finhabits can help you

2

Get help selecting a plan
Reach out with any questions.
We’re here to help!

3

Sign up online
Fill out the simple onboarding process
Questions? Reach out to our team at 1-800-935-7214
Compare Finhabits 401k plans and CalSavers IRAs
The Finhabits 401k plans were designed with most small and medium-sized businesses in mind, including those in states like California that have been mandated to offer retirement benefits. While the CA state-sponsored CalSaver uses Roth IRAs, only employees earning less than the IRS maximum can participate. A Finhabits 401k plan can be a better solution for you and your employees.
Finhabits 401k
CalSavers
IRA
Maximum employee contribution
$20,500
$6,000
Catch up contribution ages 50 and older
$6,500
$1,000
Defined contribution maximum limit
$61,000 ($67,500 edades 50+)
Not applicable
An alternative that your business and employees can trust
Easy-to-use 401k plans
Our plans are accessible for any business, regardless of size. Finhabits helps your employees to learn smart financial habits while they save for retirement.
Save up to 3 times more
401k plans have higher contribution limits than IRAs like the ones offered by CalSavers.
Potential tax credits for your business
There are federal tax credits in the first three years that could offset plan costs.
Frequently asked questions
Do Finhabits 401k plans satisfy the CA retirement mandate?

Finhabits 401k plans were designed to help your business comply with requirements of the California retirement savings mandate. Reach out to our team at 1-800-935-7214 with any questions.

Can my business offer a Finhabits 401k plan?

Finhabits offers its plans to businesses regardless of size. Most companies looking to offer a retirement plan for the first time can sign up for a Finhabits 401k plan. If you have questions, you can call us Monday through Friday during business hours at 1-800-935-7214.

How do I sign up for a Finhabits 401k plan?

The onboarding process can be completed online with just a few clicks and in minutes. We provide you with phone support in English or Spanish and we prepare all the necessary legal documents for you to sign electronically. If you have questions, please call us Monday through Friday at 1-800-935-7214.

Do I have to register with the CalSavers program regardless of my plan provider?

Offering your employees the state-sponsored program CalSavers is not mandatory, as businesses have the alternative to select a private retirement plan like a Finhabits 401k plan.

Get step-by-step guidance
Our U.S.-based team can answer your questions.

Support in English and Spanish.