What are the three main advantages MDB401k has over other 401k plans?
1. It’s Easy to Use With MDB401k, most small businesses can run their 401k plans in less than 15 minutes a month. You simply feed some basic payroll information — the same data most off-site, third-party vendors would make you collect anyway — and click “Process.” In seconds you’re ready to forward the month’s contributions to Mydiscountbroker.com for investment, then have the software print account statements for plan participants, run compliance tests on your plan, or prepare any of a myriad of useful reports for your records. 2. It Keeps Your 401k Assets Secure With MDB401k you have direct, constant control and oversight over your employees’ 401k contributions — from the time the money is separated from their taxable payroll until it’s safely and securely deposited with their Mydiscountbroker.com self-directed discount brokerage accounts. The press has reported on the diversion of plan assets by unscrupulous employers and unscrupulous third-party “middleman” administrators. MDB40
