PRPs Are Growing 40x Faster Than 401(k) Plans.
With Icon’s partnership program, you can deliver the retirement solution businesses want—easily and efficiently.
Andrew Bruns, Head of Partnerships
Costly to set up and run
Complex regulatory requirements
Fiduciary burden that comes with plan sponsorship
The Benefit Without the Burden
The PRP is not just a product—it’s a solution to the retirement savings gap. We designed the PRP for the 70% of U.S. businesses that are not a fit for the 401(k) plan.
As a partner, you’ll be at the forefront of an untapped market, bringing retirement solutions to industries and employers underserved by the 401(k). It’s time for something new.
State Mandates
Most states have proposed state-mandated retirement plan legislation and 12 states have active programs in place. Help them meet the mandate with an affordable, full-service retirement plan.
PRPs work like a 401(k) with automatic payroll contributions into a tax-advantaged retirement account. But we’ve removed the complexities, such as ERISA testing, federal filings, and fiduciary responsibilities, all while delivering seamless portability for employees. This means no more rollovers or abandoned accounts when employees change jobs.
Tailored for Employers, Perfect for Employees
Built for simplicity, all transactions take place though our centralized platform, which eliminates administrative burdens, and simplifies everything. Setting up a plan takes minutes, not weeks. We handle all enrollment, plan communication, education, fund selection, and portfolio management. And the PRP works for both 1099 and W2 employees.
Activate a retirement plan in just 10 minutes with zero ongoing administration.
Affordable flat fees for businesses, with no hidden costs or unpredictability.
Our system integrates seamlessly with payroll, and we handle all employee onboarding.
Employees and employees can log in anytime to check the status of their plan.
Icon acts as the fiduciary and is a Registered Investment Advisor.
Unlike the 401(k), all workers are eligible—whether part-hour, hourly, full-time or contract, your team deserves access to a secure financial future.
Partner with Icon to deliver the future of retirement—and grow your business along the way. Let’s work together to offer your clients a smarter, simpler way to save for the future.
Only 30% of businesses offer a 401(k). Offer a solution the majority of the market needs.
The 401(k) doesn’t work well for most franchises—now you have a smarter option that’s easy and affordable.
Set yourself apart by offering retirement benefits that work for businesses of any size with any type of employees (1099 or W2).
Streamline your workflow and deliver more value with a tech-forward retirement partner that makes it easy.
Join industry professionals bringing the PRP to the millions of businesses without a retirement plan.