# Basic Capital
Source: https://planprovider.pro/provider/basic-capital

> Runs bundled 401(k) administration with in-house recordkeeping and 3(16) services, built for employers that want a single provider for core plan operations.…

Third-Party Administrator

New York, NY

## About Basic Capital

<p>Runs bundled 401(k) administration with in-house recordkeeping and 3(16) services, built for employers that want a single provider for core plan operations. Founded in 2021, Basic Capital is headquartered in New York City and works with businesses across the New York metro area and beyond.</p>

<p>The company’s distinguishing feature is its “Retirement Mortgage,” which lets individuals finance investments through the plan. Basic Capital also supports advanced plan features such as Mega Backdoor Roth contributions and a broad investment menu with more than 6,000 options.</p>

<p>For sponsors that want help beyond administration, Basic Capital offers optional 3(21) or 3(38) <a href="/plan-advisors">plan advisory</a> services for investment oversight. It also includes payroll integration with more than 200 systems, aimed at reducing manual work for HR and payroll teams.</p>

<p>Basic Capital has 24 employees and positions its platform for employers upgrading an existing plan or setting up a new one through a bundled <a href="/retirement-plans">retirement plan provider</a>.</p>

<ul>
<li>Recordkeeping</li>
<li>3(16) plan administration</li>
<li>Payroll integrations (200+ systems)</li>
<li>Optional 3(21) and 3(38) investment oversight</li>
<li>Plan features: Mega Backdoor Roth and 6,000+ investment options</li>
</ul>

Website: [https://basiccapital.com/](https://basiccapital.com/)

Founded: 2021

Employees: 24

## Office Locations

- New York, NY (Headquarters)

## Services Offered

- 3(16) Plan Administrator

- Recordkeeping

## Plans Serviced (2024)

Largest plans where this firm is listed as a service provider (Schedule C) or IQPA (Schedule H) on the most recent filings (From Form 5500).

| Plan|Sponsor|Assets|Participants|

| JPMORGAN CHASE RETIREMENT PLAN|JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, NJ|$14.6B|78,270|

| BOILERMAKER-BLACKSMITH NATIONAL PENSION TRUST|BOARD OF TRUSTEES BOILERMAKER-BLACKSMITH NATIONAL, MO|$7.4B|27,660|

| MINNESOTA & NORTH DAKOTA BRICKLAYERS AND ALLIED CRAFTWORKERS PENSION FUND|TRUSTEES OF MINNESOTA & NORTH DAKOTA BRICKLAYERS & ALLIED CRAFTWORKERS, MN|$481M|1,310|

| BASIC RETIREMENT SAVINGS PLAN|BASIC AMERICAN, INC., CA|$159M|871|

| PENSION PLAN BASIC AMERICAN FOODS|BASIC AMERICAN, INC., CA|$12M|107|

| PAYTECH, INC. 401(K) PLAN|PAYTECH, INC., CO|$12M|126|

## Products & Pricing

- **401(k)**: $5/employee, 25 bps AUM fee

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[View full interactive profile on PlanProvider.Pro](https://planprovider.pro/provider/basic-capital)

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