401k Advisory Services
Maintaining an appropriate retirement plan for your company often seems like a daunting task, especially when you consider everything else that goes into running a successful business. In general, our value added retirement plan services can be segmented into the following components:
Benchmarking current 401k plan
We benchmark the fees, services and participation metrics of their current plan against similar plans using industry leading research
Performing plan design consulting
Plan design provisions are important because they can make a big difference in whether the plan maximizes the benefits available
Assisting in the design of an Investment Policy Statement
Plan Sponsors can minimize fiduciary liability by implementing an IPS. An IPS outlines a detailed, prudent plan of action for the plan’s investment managers and advisors to follow.
Providing ongoing plan reviews
A review of a plan’s operational metrics such as participation levels, deferral percentages, loans, non-discrimination testing, enrollment and communication services
Managing employee communication and Investment Education
Ongoing investment education for participants regarding plan options.
Personal customized financial and estate planning for employees
Education of participants about plan distribution alternatives, retirement cash flow analysis, and whenever necessary consult with retirees regarding investment asset allocation.
Our 401k Advisory brochure can be downloaded by clicking on the image below: