Finally, a retirement plan built for businesses.

For companies that want a no cost, no risk, effortless retirement plan for their people.

ICON

Built for business.

It costs you nothing to offer Icon.

Unlike with 401(k) plans, there is no cost for companies to provide Icon. Participants pay a very small monthly fee. There are no employer matching contributions.

We do all of the work.

We provide all of the services and support, including education and enrollment materials, so there is very little ongoing administration.

No federal filing requirements.

Icon is not subject to ERISA laws that govern 401(k) plans, and there are no annual federal filing requirements or fiduciary responsibilities.

The individual is in control.

Participation in Icon is voluntary, and contributions are made as a payroll deduction. Your people are 15 times more likely to save for retirement when you facilitate a plan.

ICON

Everything you want in a modern retirement plan.

Investments managed by experts.

We used a rigorous evaluation process to select high-quality, low-cost investment options for you and your employees. They will have access to institutionally priced funds provided by State Street Global Advisors (SSGA) and Dimensional Fund Advisors.

Built using behavioral finance principles.

We have leveraged our expertise in behavioral finance to build in smart features that take the guesswork out of investing. Icon helps your employees save more money–easier, faster, and smarter.

A plan for everyone.

Everyone needs a retirement plan. That’s why we’ve designed Icon so that anyone is eligible to enroll. This includes workers who are full-time, part-time, and independent contractors.

Easy to start, easy to keep.

We’ve streamlined and automated the enrollment process. It takes only a few minutes to get started. And when someone leaves your company, their Icon plan continues.

Financial Academy.

Because successful retirement savings require overall financial wellness, Icon includes the Financial Academy, a resource for help with financial decision-making on personal finance topics.

ICON

An easier way to save for retirement.

See how Icon compares to 401(k) plans.

  • Average Small 401(k)
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  • Subject to Federal ERISA laws
  • Average Small 401(k)
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  • Annual federal filing requirements
  • Average Small 401(k)
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  • Cost of matching contributions
  • Average Small 401(k)
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  • Responsible for plan design and oversight
  • Average Small 401(k)
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  • Automatic payroll contributions
  • Average Small 401(k)
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  • No cost to employer
  • Average Small 401(k)
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  • Effective financial education
  • Average Small 401(k)
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  • Easy to use
  • Average Small 401(k)
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  • Participants are always 100% vested
  • Average Small 401(k)
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  • Totally portable
  • Average Small 401(k)
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  • Low investment fees
  • Average Small 401(k)
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ICON

Plan details.

  • Contribution limits
  • The contribution limit is $5,500 annually, or $6,500 if you are 50 or older. There is a $50.00 minimum amount to start using Icon, and a $20.00 monthly minimum contribution.

  • Recordkeeping services
  • Icon’s plan recordkeeper is Aspire, a leader in payroll IRAs. They provide account statements, transactional services, customer support, custodial services, and other plan-level support.

  • Customer service
  • Icon provides telephone customer service through our provider partner, Aspire. Both Icon and Aspire provide online support on account management and other questions related to saving and investing.

  • Investments
  • When a person enrolls in Icon, they’ll be automatically placed into a target-date fund that corresponds to their retirement year age date. This takes the guesswork out of investing. For those people who want to manage their own portfolio, Icon has a selection of institutionally priced funds available.

  • Fees
  • There is a low monthly maintenance fee for using Icon, about $4. The employee pays this fee, which includes record-keeping, custodial services, education, customer service, and other plan services. As with all retirement plans, there are also fees on the investment funds. Icon has institutionally priced funds.

Get started now.

It takes only a few minutes to enroll your company in Icon.

1

Open your company’s Icon account online. This will take about 5 minutes. We’ll ask questions about your company, contact, and payroll details.

We’ll never ask you to provide your employees’ contact information or any security data about them.

There is no fee for employers to set up an Icon account.

2

When you’ve enrolled, Icon’s plan administrator, Aspire, will process your information. We’ll notify you when your account is active. This activation process will take 5 to 7 days.

3

Once your account is activated, you’ll notify your employees that they can enroll in Icon Plus. This is the Icon plan built for employers and their employees.

We will provide you with employee enrollment information and a handbook to answer questions that you or your employees may have.

Fill out our online application now:

Get Started or call us: 415-509-9687