After surveying 1,000 small business owners with no more than 20 employees about 401(k)s, Fidelity Investments found that 43% don't want to offer them because they mistakenly think they are too expensive.

Another 26% cited fiduciary responsibilities and the perceived complexity of plan administration as drawbacks, while 29% said they don't believe there are 401(k) options available to suit a company of their size. Sixty-two percent said they were not confident in their familiarity with 401(k) plans.

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