We provide financial advisors with the tools and support they need to deliver competitive, full service retirement plans to their clients. We offer an exceptional suite of solutions that include turn-key 401(k) plans, customized Cash Balance plans and substantial Fiduciary Services. Our “open architecture” approach is designed to help implement the plan that meets the unique needs and objectives of each client.
401(k) and Profit Sharing plans can be important tools for both retaining talent and optimizing tax advantaged investing for stakeholders. With plans that are designed to be competitively priced and customizable.
Cash Balance plans can dramatically increase Pre-Tax savings relative to traditional 401(k) and Profit Sharing plans (in some cases 4 to 5 times the annual limit for defined contribution plans). They are ideally suited for closely held businesses, professional practices and owners that have deferred savings.
Be Proactive! Be the trusted professional in front of your client’s business and employees so that someone else is not!For many financial advisors, 401(k), Profit Sharing, and Cash Balance Plans are an untapped opportunity. Many clients own or control companies that have existing plans or are evaluating new plans. Be involved in plan design and implementation. It is a natural extension of the Advisory relationship with these clients. The plan advisor is a critical educational resource for plan participants. It is important to recognize that existing plan providers mine payroll data from their companies and have programs designed to market private wealth management services to the highly compensated employees.
|Advisors are paid quarterly directly by the plan|
|No proprietary fund requirements|
|Ongoing Employee Education Program to assist with ERISA 404 (c) compliance|
|Online tools and calculators|
|ERISA 3(16) and 3(38) services|
|Daily Valuation Participant Website|
|Quarterly Statement Mailed to Participant|
|Plan Document and Compliance Testing|
|Certified Annual Trust Statement|
|Annual preparation of IRS Form 5500 for each adopting sponsor|
|Plan Trustee and named Fiduciary|
|Provides notices to participants for Safe Harbor and compliance|
|Designed to comply with ERISA Section 404 (c) provisions for plan|
|Provides investment fact sheets and materials on investments|
Fee Transparency and Suitability are critical factors when evaluating any retirement plan and we believe these items are just two elements of a larger issue: Integrity. Our objective is to deliver competitively priced solutions for plans of any size without compromising the quality or integrity of the solution.
The consumer should expect a clearly articulated, executable process led by a competent point person. Behind the scenes however, all retirement plans are a collaboration of several providers with distinct roles. We work with partners that have a long history of working collectively to quickly address client needs.
A properly structured plan, with oversight by an ERISA 3(16), 3(21) and 3(38) can significantly mitigate risk and enhance the compliance by increasing shared fiduciary responsibilities. Our solutions incorporate complete, documented oversight.