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Fidelity Investments - 401(k)

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About

Fidelity’s industry-leading¹ 401(k) is designed for businesses with existing plan assets from $1M+. If you currently offer a Fidelity 401(k) and would like to sync your plan with Gusto, you can do so through Pay(k)onnect. Note that this feature does not support Fidelity Self-Employed 401(k), SEP IRA, or SIMPLE IRA plans.


About Pay(k)onnect

Pay(k)onnect's software seamlessly connects your Fidelity 401(k) with Gusto.


Your 401(k) with Gusto

360 automation: Includes the following capabilities:

  • Up-to-date election info: Employee contribution elections sync from Fidelity to Gusto, so you won’t have to update them manually.

  • Contribution sent to Fidelity: Gusto automatically passes your approved contributions to Fidelity each pay period.

  • Eligibility tracking: Gusto provides Fidelity employee information, which takes the guesswork out of determining employee eligibility.

Interested in switching your company’s 401(k) to Fidelity? Learn more and get in touch here.


¹ Based on two surveys: The PLANSPONSOR magazine 2023 Recordkeeping Survey (© Asset International Inc.), based on defined contribution plan assets administered and number of participants of recordkeepers, as of 12/31/2022; and The Cerulli Report - U.S. Retirement Markets 2023, based on an industry survey of firms reporting total IRA assets administered as of Q2 2023.

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