Saving Oregon

The Oregon Legislature passed House Bill 2960 which requires all employers to provide employees access to a retirement plan. The State of Oregon is rolling out their plan option called OregonSaves but it is not your only option. If you are nervous about Oregon’s history of administering benefit plans, we say you should stick with a retirement plan with a more proven roll-out plan than previous state pension plans.

OregonSaves is not your only option.

Compare our Cardinal 401(k) plan to the OregonSaves option below.

Get Compliant

Employee Satisfaction

Lower your Costs and Risk


Considering OregonSaves?

See how much Cardinal's plan can save you.



Cardinal 401(k)

Administrative Fees 0.90% of Assets 0.20% to 0.85% of Assets
Fund Fees 0.06% to 0.13% of Assets0.05% for comparable funds
Compliance FeesCost of Administering PlanEmployer roles mostly eliminated



Cardinal 401(k)

ArchitectureClosed-no changesOpen
Fund Choices1341 in base configuration
Auto Enrollment
Financial AdvisorNoneFree on demand

Outsource responsibility to Cardinal Services

Compare your duties under the state run program vs. our Cardinal 401(k) plan.

with OregonSaves

  • Formally Adopt Plan
  • Determine Eligibility
  • Enroll Employees
  • Setup Employee Files
  • Withhold Funds
  • Remit Funds
  • Answer Questions
  • Retain Records
  • Report to State

with Cardinal 401(k)

  • Formally Adopt Plan

401k Request for Quote

  • This field is for validation purposes and should be left unchanged.