BizSugar.com › Employee Benefits › What Small Business Owners Need to Know About 401(k)'s

Only about 16 percent of businesses with fewer than 50 employees in the United States have 401(k) plans. Small-business owners are so focused on developing their businesses that some do not realize that those assets can grow at a much faster rate for their retirement under the right plan.

An October survey by ING DIRECT's ShareBuilder401k, found that "not enough employees" was the top reason cited by small-business owners as to why they do not have a 401(k) plan. That's despite the fact that even sole proprietorships with no other employees can have 401(k)'s.