Basic Capital advertises an open investment architecture with more than 6,000 funds and an optional self-directed brokerage window. These features provide plan participants with investment choices beyond a single predefined savings allocation.
Its compliance dashboard gives plan administrators visibility into testing and notifications before a potential failure. Combining these tools with plan administration can help employers monitor their retirement benefit throughout the year.
Basic Capital's investment offerings do not eliminate the possibility of losing principal. Its optional Retirement Mortgage arrangement uses financing or leverage, which the company identifies as adding significant risks beyond standard investing.
Employer obligations also depend on the selected plan structure rather than disappearing through software. Basic Capital describes required matching contributions for Safe Harbor plans and compliance testing for traditional plans, which remain relevant when employers choose a benefit.
