It used to be that small businesses couldn't afford to offer retirement plans for their employees. It cost too much and the offerings for small businesses were few and far between. That has changed in the past few years, with more companies offering micro retirement plans.
Large companies like Vanguard and ShareBuilder 401K now tailor 401(k) plans to companies with as few as 25 employees and less than $20 million in plan assets.
ShareBuilder 401K entered the small business retirement plan market about six years ago. It saw a niche and looked for ways to offer plans to smaller organizations.
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