Online 401k For Small Business Owners

Online 401k For Small Business Owners

See How SunTrust Online 401k for Small Business Can Benefit You:

  • Easy online plan establishment with all the necessary documents immediately available for printing
  • A single online platform to help you conveniently stay on top of employee information changes
  • The option to offer a “match” or contribution from the company into the plan to further incent your employees
  • Online deferral tracking and payroll submission allow you to view deferral amount changes and easily incorporate them into the payroll system before the next processing date
  • The ability to coordinate with SunTrust Online Payroll to save you time in set up and processing
  • Online plan monitoring provides a daily update about the assets held in the plan
  • Form 5500 preparation—all you have to do is sign it and send it
  • Automatic compliance testing and regulations monitoring, plus recommended corrections to help keep you up to date
  • Email notifications ensure you get important information in a timely manner
  • Resources to help you execute your fiduciary role

Or call 877.665.4650 when you’re ready, and an advisor can walk you through every step of our fast1 and easy plan-establishment process.

For more information specific to employee plans, check out our list of Frequently Asked Questions.

DISCLAIMERS

Average set up takes around 30 minutes to complete, assuming all information is available, and includes both online self-enrollment and support by phone from our advisors. To complete your set up, you will need detailed information from your employee records and will need to be prepared to make decisions on the features and investments you would like to have as part of your plan. Advisors are available to help you set up your plan between the hours of 8 a.m. to 5 p.m., Eastern.

Small Business Resource Center

  • Infographic: Pick up the Payments Pace

    Timely customer payments are essential to keep your cash flow healthy and allow you to meet today’s financial obligations. A few simple steps help you speed along your customer payments and keep your business flush with the cash you need to operate.

  • Infographic: Status Check: Is Your Business on Track?

    Every small business is unique, but you may be wondering where you stand in relation to others. Learn how your company’s growth, marketing tactics and tech savvy compare to your peers.

  • Managing Cash Flow: Critical to Growth

    Optimizing your business’s cash flow is more than just monitoring sales; it’s having a full picture of all of your expenses, your investments and your money on hand.

  • On the Hunt for Cash Flow

    Managing working capital and keeping tabs on cash flow are imperative to business success. Proficiency in the cash flow cycle can help improve business stability.

  • Approach Lending Options with Confidence

    While the fundamentals of a strong business are important on a credit request, the intangibles are equally as important. Telling your business narrative, professional documentation, and working relationships also play into credit-worthiness.

  • Contact

  • Support

      24-hour automated assistance
      800.786.8787 (800.SUNTRUST)

       

      Online Cash Manager, PC Banking and Bill Pay
      800.382.3232

       

      TDD (Telephone Device for the Deaf)
      800.854.8965

       

      Report Checking Account Fraud
      800.447.8994 Option 1 - Option 3

       

      Lost or Stolen Card
      800.786.8787 Option 5

       

      Directory Assistance
      800.786.8787 Option 7 - Option 5

       

      International Toll Free
      800.ST.TRAVEL (800.7887.2835)

       

      Please note that Federal Regulation E outlines the rules and procedures for electronic funds transfers (EFTs) for consumers. The protections and deadlines included in Regulation E do not apply to business accounts. Regulation E only establishes rights, liabilities, and responsibilities for consumer transactions on consumer accounts.

  • Mail

       

      Write Us
      Mail your questions, comments, or suggestions to (No deposits or payments accepted at this address):
      SunTrust Bank
      GA-Atlanta-0795
      P.O. Box 4418
      Atlanta, GA 30302-4418

       

      Bank by Mail
      You may mail checking, savings, or money market deposits to (Be sure to include a deposit slip or your name and account number. Do not send currency via U.S. mail):
      SunTrust Bank, Special Handling
      VA-RIC-9292
      P.O. Box 27572
      Richmond, VA 23261-7572

       

      Consumer Loan/Line Payment Addresses Access 3 payment address
      SunTrust Bank
      P. O. Box 791274
      Baltimore MD 21279-1274

       

      All other lines of Credit Payments
      SunTrust Bank
      P. O. Box 79282
      Baltimore MD 21279-0282

       

      Consumer Loan Payments
      SunTrust Bank
      P.O. Box 791144
      Baltimore, MD 21279-1144

       

  • Wires

       

      For more details about Wire Transfers with SunTrust, call 800.947.3786

       

      SunTrust Incoming wire instructions:

       

      • For Domestic incoming wire use Routing ABA: 061000104
      • For International incoming wire use SWIFT/BIC: SNTRUS3A
      • Beneficiary account number: SunTrust full account number
      • Beneficiary name: The name as it appears on the SunTrust account

      SunTrust Incoming wire instructions are also available by calling 800.947.3786 - option 1