Small business employee benefits will often be more modest than if one works for a major corporation. It is much more difficult to find small business employee benefits, for instance, that can include a guaranteed returns pension plan. Instead, there will typicallybe 401k planners and 401k fee disclosures with defined contributions to the plan.
There are disadvantages to these kinds of plans. Nonetheless, usually a portion of the plan will be matched by the employer, depending on the contract that he or she has with the employees. And the plan will often allow employees to make their contributions on a pre tax basis. This is what it means to have a 401k savings plan which is sponsored by the employer.
That being said, there are other advantages to 401k or thrift savings plans. One of the good things about it is that when people control where the money is invested, they can sometimes make extremely large returns if the plan is somewhat aggressive. This does not mean that people can always make money off of these plans.
A lot of the time, the IRS mandates that there is an annual contribution limit on these plans. For people who are in this situation, it can be very difficult to build the sort of options that they are look for.
That being said, people who are getting a 401 k fiduciary should look into getting a 401 k advisor to tell them how and where to invest their money. That can make a profound difference in the long run, which is not to say that people should give up on these expenses. Having the right fiduciary plan can make a huge difference to everyone involved.