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How many 401ks do you manage?
How many interim tests do you perform for each plan?
How long does it currently take to perfom an interim test?
What is your Hourly Billing Rate?
What is your productive time worth to your Company?)
Are you using a Payroll firm that will create the 401k testing file for you?
(See our 'Payroll Firm' page for details)
It takes less than 10 minutes to perform an interim test using 401ktest.com.
If your Payroll Firm prepares the file for you, a test will take under 5 minutes!
If you use 401ktest.com for interim testing, you will save at least
minutes per test.
Multiply the time saved by the total tests to be performed:
hours per year.
Multiply the annual hours saved by your billing rate:
saved per year!
The cost of an annual subscription is only
Your Return On Investment is
Your Percentage of ROI is
This analysis doesn't include the cost of making mistakes (if you are using a Spreadsheet).