Blog  |  About  |  |  AICPA Store  |       


Beyond Payroll, there's Paychex Retirement Services

Count on Paychex to be accurate and comprehensive.

  • Reduced plan setup fees for both clients and firms
  • Over 6,000 funds and multiple share classes to choose from
  • A six-month, money-back satisfaction guarantee and more

Why 401(k) Plans Are Vital

A 401(k) may be the best retirement solution in these economic times.

This chart* is a real-life example of the advantages of contributing to a 401(k) over other types of plans. The chart assumes annual contributions of a 40-year-old S-Corporation owner, earning $100,000 per year.

     Based on maximum individual deferral amount and potential employer contributions.


A 401(k) plan may be your firm’s most important retirement strategy and best solution to work toward retirement goals.

A 401(k) Plan:

  • Provides high contribution limits to set aside large amounts for retirement
  • Allows contributions on a pre-tax basis (Roth) regardless of income to diversify your portfolio
  • Allows for additional savings through profit sharing contributions
  • Helps attract and retain valuable employees
  • Offers “catch-up” rules that allow employees aged 50 and over to set aside additional contributions
  • Offers tax savings to your firm
  • Allows employers to take a tax deduction for its contribution to the plan when the contributions are made
  • Provides easy, convenient, tax-deductible payroll deductions.

Why a Paychex 401(k) is a smart choice for your firm …

The AICPA Member Retirement Committee has selected Paychex to be the exclusive provider of retirement plan services for AICPA member firms. Paychex is the largest record-keeper in the U.S. according to Plan Sponsor magazine and is ranked as the #1 seller of plans for more than eight years. Paychex has a proven track record of providing outstanding third party administration and recordkeeping services to approximately 60,000 clients nationwide. The AICPA Firm-Based Member Retirement Program offers unique benefits to the accounting community – while continuing to work with your existing financial advisor.

With Paychex 401(k) plan administration, you get unique benefits, including:

Investment Flexibility
  • Over 6,000 investment options including access to low-cost active and passive investments to choose from, covering every major asset category
  • Over 200 fund families including DFA, Vanguard, Fidelity, Federated, Legg Mason, Oppenheimer, and more
Fiduciary Support
  • 3(38) fiduciary solutions available through national and independent providers including Guided Choice, Buckingham Asset Management, Loring Ward, and Clark Capital
  • The flexibility to allow local advisors to act in the fiduciary capacity option is available
Plan Expertise
  • Expert on-site plan design and implementation for traditional and Safe Harbor plans, Roth 401(k), new comparability profit sharing, and other options
  • Easy plan setup
  • Compliance testing and preparation of annual federal Form 5500
Enhanced Services
  • Single point of contact to support your efforts on plans of any size, for all 401(k) questions, to assure smooth plan conversion
  • Payroll integration allows for automatic deductions and streamlined plan administration
Attractive Pricing and Industry-Unique Satisfaction Guarantee
  • Minimal setup fees and attractive plan pricing for AICPA members
  • FREE services on Paychex payroll packages for firms with 1 to 50 employees including payroll processing, Taxpay, Direct Deposit, check insertion, new hire reporting, and more!
  • Six-month, money-back satisfaction guarantee – no questions asked!

In this exclusive program, you also get automatically enrolled in Paychex’s Platinum level service, which offers benefits above and beyond the exceptional service Paychex consistently provides, including a single point-of-contact for your plan.

Learn more about Paychex 401(k) Plans for your clients and for your firm.

* The above chart is taken from the "Individual 401(k) Contribution Comparison Calculator".
It is provided for illustrative purposes only and should only be used as a guideline. It is not representative of past or future performance, and actual investment results may vary. Additional details, including assumptions & a results summary, can be found on Additional financial calculators can be found on the Paychex Accountant Knowledge Center. Visit to register.

** Small businesses establishing first-time retirement plans may be eligible to receive a tax credit of 50% for annual administrative costs, up to $500, in each of the first three years of the plan. Note: 100% of the employee salary deferrals are invested with 401(k) plans administered by Paychex. Information current at time of publication, June 2013.

The AICPA Firm-Based Member Retirement Program has been designed around the needs of AICPA members in firms with approximately 1 to 50 employees. For AICPA members in business and industry or in firms with greater than 50 employees, these benefits may not apply. Please consult with a Paychex sales specialist to learn more. The consultation with a local Paychex retirement specialist is available in most major markets.