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ForUsAll

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Company health

Employee growth
2% increase in the last year
Web traffic
1% increase in the last quarter
Financing
July 2022 - $49M

Ratings

G2
3.9/5
(21)
TrustPilot
3.2/5
(1)

ForUsAll description

ForUsAll offers modern and affordable 401(k) plans designed for startups and growing businesses. They handle setup, administration, and even offer investment advice to employees, including access to cryptocurrency options. This saves you time and reduces your company's liability. ForUsAll is a good option if you're setting up a new 401(k) or looking to modernize your current plan.


Who is ForUsAll best for

We find that ForUsAll is an excellent choice for startups and growing businesses seeking to establish or improve their 401(k) plans. User reviews highlight the platform's easy-to-use interface and automated features. ForUsAll stands out with its commitment to offering a range of investment choices, including cryptocurrency options and environmentally friendly funds.

  • Perfect for companies with 1-1000 employees seeking modern, low-cost 401(k) plans with automated admin and diverse investment options.

  • We find that ForUsAll is particularly well-suited for companies in the finance, banking, and insurance industries seeking comprehensive 401(k) solutions.


ForUsAll features

Supported

ForUsAll 401(k): ForUsAll 401(k) is a comprehensive retirement plan solution designed for businesses of all sizes, offering various options to move or start a 401(k) plan. Businesses can establish a new 401(k) plan from scratch, tailored to their specific requirements. It also caters to businesses looking to seamlessly transition from an existing plan to the ForUsAll platform.

Supported

Advisor+: Advisor+ is a specialized service offered to businesses looking to bolster their existing 401(k) plan, supplementing the plan with additional features and resources while preserving the relationship with the current provider. It's designed as a non-disruptive enhancement to improve the overall offering without the need to switch 401(k) administrators or providers.

Supported

Simple, Low-cost Menu: Start with a simple, easy-to-use menu of low-cost funds and managed solutions for employees that want extra help.

Supported

Environmentally Friendly Funds: ForUsAll offers access to a curated selection of environmentally friendly funds, allowing employees to align their investments with their values and support sustainable practices. These funds focus on companies committed to environmental protection and responsible resource management.

Supported

Cryptocurrency Investments: Employees gain access to investments in Bitcoin and other cryptocurrencies through a secure and regulated platform, providing opportunities to diversify their portfolios and participate in the growing digital asset market. This feature allows for controlled exposure to crypto within the framework of a retirement savings plan.

Supported

Personalized Advice & Guidance: ForUsAll integrates personalized advice and guidance into its platform, offering employees tailored recommendations and strategies to optimize their retirement savings. Financial advisors are available to provide expert insights and support, helping employees make informed decisions about their investments.

Supported

Range of Investment Choices: ForUsAll provides a range of investment choices, catering to diverse preferences and risk tolerances. These choices can include traditional investments in public stocks and bonds, allowing for a variety of portfolio strategies.

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Tax-Advantaged Investing: The platform includes features such as tax-advantaged investments within tax-deferred accounts. ForUsAll also offer various other tax benefits like rollovers, allowing employees to consolidate other retirement accounts into their current 401(k).

Supported

Financial Wellness Education: ForUsAll emphasizes ongoing education and resources to empower employees in their retirement planning. The platform may include articles, guides, webinars, and tools for budgeting, debt management, and investment strategies. The goal is to provide comprehensive information and support for all aspects of financial well-being.


ForUsAll reviews

We've summarised 22 ForUsAll reviews (ForUsAll TrustPilot reviews and ForUsAll G2 reviews) and summarised the main points below.

Pros of ForUsAll
  • Easy-to-use interface for employees.
  • Low fees and cost-effective plans for small businesses.
  • Automated enrollment and contribution features.
  • Streamlined investment options simplifying decision-making for employees.
  • Integration with payroll systems.
Cons of ForUsAll
  • Poor customer service with unanswered questions and delayed responses.
  • Frequent errors in payroll contributions and addition of ineligible employees.
  • Lack of employer reporting tools and access to employee contribution history.
  • Billing discrepancies and unexplained charges.
  • Unfulfilled promises of ongoing employee education and support.
  • Lengthy and complicated processes for rollovers and distributions, often requiring manual intervention and resulting in losses due to market fluctuations.
  • Limited investment options and high account management fees.
  • Difficulty reaching customer support by phone, with voicemails often going unanswered.

ForUsAll pricing

The commentary is based on 3 reviews from ForUsAll G2 reviews.

We find that ForUsAll's pricing is not explicitly discussed in the reviews. However, one review mentions potentially higher account management fees, suggesting a need for further investigation into their cost structure.

Users sentiment

Strongly negative
-1

See the ForUsAll pricing page.

Payroll Integration
$50 per plan/month

Connect your existing 401(k) to payroll to save time and reduce errors.

Advisor Plus
Custom

A 401(k) advisor for your existing plan without changing providers.

Start a 401(k)
$120 per plan/month

A turnkey 401(k) for those looking to setup a new plan.


ForUsAll alternatives

  • Logo of 401GO
    401GO
    Easy 401(k)s for small businesses, automated and affordable.
    Read more
  • Logo of Betterment at Work
    Betterment at Work
    Easy 401(k)s, advice, and financial wellness for employees.
    Read more
  • Logo of Ubiquity Retirement
    Ubiquity Retirement
    Easy, affordable 401(k)s for small businesses, managed for you.
    Read more
  • Logo of Guideline
    Guideline
    Easy 401(k) plans for growing businesses, with automated admin.
    Read more
  • Logo of Vestwell
    Vestwell
    Easy 401(k) setup and management for everyone.
    Read more
  • Logo of Central
    Central
    Automated payroll, benefits, and compliance for startups.
    Read more

ForUsAll FAQ

  • What is ForUsAll and what does ForUsAll do?

    We find that ForUsAll provides 401(k) plans tailored for startups and growing businesses. They simplify setup and administration, offering investment advice and even cryptocurrency options for employees. This helps reduce your company's liability and workload.

  • How does ForUsAll integrate with other tools?

    We find that ForUsAll integrates with payroll systems, streamlining administration. It also offers advisor services to enhance existing 401(k) plans. There is no information available on specific integrations with other tools.

  • What the main competitors of ForUsAll?

    We find that ForUsAll's main competitors are 401GO, Betterment at Work, Ubiquity Retirement, Guideline, and Vestwell. They all offer 401(k) solutions with various features for businesses. Central is also a competitor, focusing on broader automated payroll, benefits, and compliance.

  • Is ForUsAll legit?

    We find that ForUsAll is a legitimate company offering 401(k) services. However, user reviews highlight some issues with customer service and administrative errors. We advise carefully weighing these concerns against the platform's benefits before making a decision.

  • How much does ForUsAll cost?

    ForUsAll offers the Payroll Integration add-on for $50 per month. Their Advisor Plus service has custom pricing, while the Start a 401(k) plan is $120 per month. We found no information about free plans or trials.

  • Is ForUsAll customer service good?

    We find that ForUsAll's customer service receives mixed reviews. While some users appreciate the direct contacts and problem-solving approach, many others report poor communication, unanswered questions, and difficulty reaching support.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.

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