Online 401k For Small Business Owners

Online 401k 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 fast and easy plan-establishment process1.

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

  • 9 Elements of an Effective Business Plan

    Developing and sticking to a clear, detailed and attainable business plan can help lower the risk of not achieving your business goals.

  • Podcast: How Leaders Learn From Disappointments

    What sets successful leaders apart is their ability to push through challenges and see mistakes as learning opportunities. Jodi Bailey Gill, president of marketing consulting firm The Experts Bench, discusses how to make the best of those inevitable letdowns.

  • 5 Ways to Save that Business Owners Often Overlook

    Establishing and growing business profitability is a top goal for many small businesses. Small business owners must carefully manage spending and should consider 5 tactics to cut costs.

  • What You Should Know About S Corporations vs. LLCs

    S Corporations are under assault from LLCs. Understanding why this is happening is instructive to small business owners and prospective owners struggling with a decision on which structure to use.

  • Top 5 Hidden Costs of Running Your Own Business

    It’s easy to see how things like rent, wages or travel affect your business’s bottom line. But watch out for these 5 hidden costs that could be adding up.

  • 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 Home Equity Line & 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