The Advantage 401k Program

A Smarter & Simpler Retirement Plan for Your Business

We help you deliver a high-quality, cost-effective, and efficient retirement plan to your workforce without the administrative headache.

We built a retirement program for business owners who need efficiency, simplicity, and high-quality advice for them and their employees. The Advantage 401(k) Program is designed to help business owners and their employees meet their retirement goals. We provide planning, investment advice, and education programs all while keeping program costs low. 

Are You Tired of the Hassle and High Costs of Your Retirement Plan? 

Many business owners face complex administration, confusing costs, and time-consuming service calls. Their employees often lack the guidance they need to prepare for retirement. We built a program designed to solve these problems. The Advantage 401(k) Program provides a turnkey, cost-effective solution with unparalleled support for you and your team. If you don't already offer a retirement plan, we offer a low-cost turnkey startup solution, which can help.

The Lagos Wealth Advisors Difference: <br/><em>Your Chief Retirement Officer</em>

The Lagos Wealth Advisors Difference:
Your Chief Retirement Officer

We Are More Than Just a Provider. We are Your Chief Retirement Officer.

Our hands-on approach puts your company and employees first. As your company's Chief Retirement Officer, we provide:

- Direct, one-on-one Advice: We coach and guide your employees to their retirement goals.

- Customized Education: We provide highly customized financial literacy programs.

- Always here for you: Stop waiting on hold for hours. You call us first and we advocate on your behalf. 

The Advantage 401(k) Program: A New Standard of Excellence.

Fiduciary Peace of Mind

As a co-fiduciary, we must put the plan, your company, and your employees' needs first. We are monitor all plan providers, provide you with a comprehensive quarterly review, and recommend changes to you. We are a named fiduciary under ERISA Section 3(21). For some plans (and in our PEP), we accept full investment discretionary fiduciary oversight as an ERISA Section 3(38) fiduciary. This is just one less thing for you to worry about.

Control Your Costs

We are able to deliver our programs in a cost-competitive manner. In order to ensure that our plan costs are reasonable, we conduct a triannual live bid RFP system, where we don't just benchmark the plan to industry standards, we obtain actual live competitive quotes and compare  the plan's fees to those.  We are also able to leverage our economies of scale through our strategic partnerships to reduce costs in all aspects of the plan (recordkeeping, TPA, fund expenses)


Turnkey Setup & Flexibility

Setting up a new plan or moving over an existing plan does not have to be complicated. We have options for a "turn-key" retirement program through our pooled employer plan. If you want customization, we can build out a fully custom plan document and even create more complex plan designs (carve outs, cash balance plans, tiered profit sharing allocations, defined benefit plans, etc.). We determine which option is best after a full needs analysis. We are also able to convert existing plans into our program very easily. 

Industry-Leading Features for You and Your Team

Modern Technology

Our retirement plans leverage industry-leading technology. Employees can access their accounts online or through a mobile app. For the business owner, we work with all major payroll provider for a full 360-degree integration into the plan. 

Custom Education

Employees have a lot of questions. We are here to help. We will work with you and your HR team to create a customized education and financial literacy program for your company. We are able to deliver education programs online and in-person and we even have Spanish language support available.  

Fiduciary Briefcase

Keeping all of your plan documents and notices in one central place can be hard. We do this for you through our fiduciary briefcase program -- a central depository for all important plan information. We even include minutes and agendas for our review meetings.

Dedicated Support

One of the many things that sets us apart from the rest is our high-touch service committment. We will create an annual service plan with you and your team and document each item throughout the year. We provide dedicated service to you, your HR & payroll team, and are always available for your employees to give them advice.

Ready to Give Your Business the Advantage?

Reach out to start the conversation today. We would love to engage in a conversation about your plan. 

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Our Memberships Include

Retirement Plan Advisory Group

Retirement Plan Advisory Group

Our membership with RPAG gives us direct access to a team of CFA for investment management and analysis. RPAG is also our technology partner for our quarterly fiduciary investment review reports, our benchmarking process, and our plan review reports. As a member of RPAG, we are able to leverage their over $1.6 Trillion in assets under influence, 120k+ retirement plans served, and over 10 million plan participants. This gives us more bargaining power and both depth and breadth of experience in the retirement plan space. 

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flexPATH Strategies

flexPATH Strategies

Through our partnership with RPAG, our clients get access to the flexPATH strategies series of Collective Investment Trust funds. The FlexPATH strategies help clients balance the need for target-date options with varying risk glidepaths by designing target date funds that include both a vintage year and a risk glidepath. flexPATH also helps with our core fund lineup, as we are able to leverage lower cost asset classes than traditional retirement mutual funds. 

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Frequently Asked Questions

What types of businesses can setup a retirement plan with us?

We service businesses of all types. Corporations, partnerships, LLCs, and non-profit organizations can establish a retirement plan through the Advantage 401(k) Program. If you are self-employed or a sole proprietor, you might be better served by a different program like a SEP-IRA, SIMPLE IRA, or an Individual 401(k) plan. We can help with those as well. 

How much can employers contribute annually to a 401k?

Depending on the plan's terms, employers may match employee salary deferrals and/or make profit sharing contributions for eligible employees. An employer's contribution cannot exceed 25% of the employee's compensation (if you are self-employed, 20% of your net earnings from self-employment). Also, the maximum combined employer and employee contribution is the lesser of 100% of compensation or $70,000 for 2025. 

How much can employees contribute annually?

Employees may contribute up to $23,500 in 2025, or $31,000 for those 50 and older at any time in 2025.

Why not just participate in CalSavers or another state-mandated plan?

CalSavers is a state-mandated retirement program for employers. California (and some other states) mandates that employers with a specific number of employees establish and maintain a retirement program for their employees. CalSavers is one such program, which allows employees to contribute only after-tax (roth) money. We believe that both business owners and employees are better served through a retirement plan that is designed to meet their needs, such as the Advantage 401(k) Program.

How much does your program cost?

Costs are variable, depending on your company's situation and complexity. Our startup plan costs are highly competitive in the marketplace and are as low (or lower) as some of the largest plan providers in the industry. Importantly, when you are shopping around, you should always ask for full fee transparency. That's why we never add mutual funds to a plan that provide a "marketing expense" or other cost sharing arrangement. Our fees are fully transparent and disclosed right on the plan statement. 

Are there tax credits available for starting a new 401(k) plan?

Yes, absolutely. The federal government, through the SECURE Act and the SECURE 2.0 Act, offers significant tax credits to help small businesses offset the costs of setting up and running a new retirement plan. These credits can make starting a 401(k) far more affordable. For example, if your company makes a contribution, the tax credit can in years 1 & 2 can be as high as $1000 per employee -- that's a tax credit, not a deduction (read more here on the IRS website). We can help you navigate these available tax credits. 

How long does it take to setup a 401(k)?

Our startup plan program can get you up and running in about 60 days. If you need a customized plan, it could take a little longer. We are present with you at every stage of the process and will do most of the heavy lifting.

401(k) Articles and Resources

Choosing a Retirement Plan that Fits Your Business

Choosing a Retirement Plan that Fits Your Business

To choose a plan, it’s important to ask yourself four key questions.
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Is a SEP-IRA Right for Your Business?

Is a SEP-IRA Right for Your Business?

For some, the idea of establishing a retirement strategy evokes worries about complicated reporting and administration.
Learn More
Understanding the SECURE Act 2.0

Understanding the SECURE Act 2.0

A timeline covering a few of the major provisions of the SECURE Act 2.0.
Learn More