Boston Tech Start-up
“I didn’t want the fiduciary burden that comes with a 401k plan, plus we don’t have to have fiduciary insurance.”
Welcome to Retirement 3.0
PRPs—The Next Generation of Retirement Benefits.
Designed with advanced technology, the PRP runs itself. It’s automated, flexible, and affordable.
PRPs Work Like a 401(k) Plan But with Some Big Advantages.
No Fiduciary Responsibility
No ERISA Requirements
No Plan Administration Fees
No Required Matching Contributions
No Testing and Reporting
Get to Know Our Plans.
Discover how Icon enables businesses to offer a retirement plan without the cost, complexity, and fiduciary burden of a traditional plan.
Primary PRP
Offer a high-quality retirement plan to your employees that’s easy to set up and easy to use.
State PRP
Meet a state retirement mandate with a complete solution that complies with state law.
Companion PRP
Give your employees an additional way to save by offering the PRP alongside your 401(k) plan.
The Benefit Without the Burden
PRP vs. 401(k)
Both plan types have tax-advantaged savings and automatic payroll contributions. But the PRP removes the headaches that come with 401(k) plans.
Your One-Stop Retirement Savings Partner.
Recordkeeping
Our platform handles all of the recordkeeping and transactions.
Fiduciary
Icon acts in the best interest of our clients and is a fiduciary.
Employee Onboarding
We handle enrollment and plan communications.
Investments
Icon delivers low-cost funds and built-in investment advice.
Easy to Use
We do all the heavy lifting.
No Government Filing
The PRP does not require a 5500, testing, or other federal reporting.
Portable Retirement—It’s Our Thing.
Most retirement plans are based on the old idea that people stay at one employer most of their career. Today, the workforce is mobile, people change jobs more frequently, and employers are demanding new ways to help their people save for their futures.
The PRP is built on the simple idea of lifelong portability: it’s the only plan that travels with you from job to job. No more expensive rollovers, no more abandoned accounts, and no more lapses in coverage.
Success Stories
12
Full time W-2 employees
$1,728
Dollars saved annually
1.5
Hours to implement
California Payroll Provider
“Being able to refer my customers to Icon allowed me to solve a real problem for my customers.”
$4.5K
Referral fees paid in first 60 days
9
Clients referred in first 60 days
300
Total number of customers
Los Angeles Health Care Services
“It works like a 401k plan but for 1099 contractors, this is a huge help to our business.”
350
Full time 1099 employees
$8,640
Dollars saved annually
2
Hours to implement
New York City Hospitality Group
“We didn’t know a plan like this existed!”
300
Full time W-2 employees
$7,440
Dollars saved annually
4
Hours to implement
San Francisco Restaurant
“It’s great that workers can take their plan with them when they leave, with no rollover or anything. And it’s one less thing for me to worry about.”
$1,800
Saved annually
40 min
To implement
20 min
Of admin time monthly
Join the Businesses Transforming Retirement with Icon.
Companies of all sizes use Icon to offer seamless retirement benefits without the complexity of a 401(k). Our modern platform makes it effortless for businesses to provide savings plans—no administration, no filings, no hassle.