It takes minutes to set up, no plan design required, no federal filing requirements.
We do all the work
Our automated platform links with banking and payroll partners, and our customer support team is here when you need us.
No fiduciary burden
You’re not a fiduciary with Icon, so there’s no need to pay for costly fiduciary insurance.
See how Icon automates workplace retirement.
We make it easy for businesses to offer a retirement plan, whether you have a team of 5 or 5,000.
Frequently Asked Questions
Can any size company use Icon?
Yes! We built our technology platform to work for small businesses to large companies with tens of thousands of employees. We integrate with payroll and banking partners to automate plan administration tasks.
What’s the catch?
There is no catch. We use technology to automate administrative tasks, this allows us to keep our pricing low and we pass that savings on to you. Businesses pay a flat monthly fee that covers the plan operating costs, there are no additional transaction fees. Participating employees pay a flat monthly fee of $4, deducted from their month-end account balance.
Does this connect to my payroll system?
Yes. Our platform connects to your bank and payroll.
How do I know my investments are secure?
We use bank-level security. Icon accounts are held by Apex, one of the most trusted custody banks in the United States.
Are contributions tax-deferred?
Yes. Employees’ savings are placed in a tax-deferred Individual Retirement Account.
What investments are available?
Icon uses low-cost ETFs from BlackRock and Vanguard, two of the world’s most respected and well-known asset managers. Our portfolios are constructed using ETFs with average fund fees of 0.07%, which is significantly less than the industry average of 1.13%*. Icon receives no sales commissions or other fees associated with the selection of funds.