This is a problem that many companies face — just 14 percent of small businesses offer a retirement savings plan, compared to 89 percent of large companies. It’s estimated that 78 million Americans don’t have a 401(k). Ads by ZINC While companies could opt for the likes of T.Rowe Price, Mass Mutual, and other retirement plans, Captain401 believes its advantage is around automation, personalization, and ethics. Lee said that his service can not only quickly create employee accounts, but also sync deductions with their company’s payroll provider and process contributions each pay period. All of the insights and investing services are tailored toward individual employees, and Captain401 states that it does not accept any kickbacks from mutual fund companies, claiming that traditional 401(k) firms do receive compensation from the ones they recommend.

http://venturebeat.com/2016/02/24/captain401-raises-3-5m-to-help-small-businesses-create-employee-retirement-accounts/