Is Your Plan Right For You, Your Employees and Your Business?
If your business already has a retirement plan in place, do you know if it is:
- Right for the size of your company?
- Funded correctly or most efficiently?
- On an appropriate investment platform?
- Cost-effective compared to other alternatives?
Many business owners put a retirement plan in place not long after founding the company. And then they forget about it so they can focus on running the business. That’s a great way to build your business but a lousy way to provide a retirement plan.
We often see businesses that have outgrown their retirement plans. Sometimes the plan’s design is no longer the most efficient for the number of employees. And sometimes the plan’s investment platform is expensive and has limited options.
We can evaluate your plan, provide you with more investment choices and often reduce plan costs. And because we’re independent advisors we can manage your workplace retirement plan. Brokers can’t. Our independence and fiduciary responsibility means we work only for you.
Most workplace retirement plans are expensive. And because they lack transparency, you’re not sure exactly what you’re paying in terms of fees, commissions and other expenses.
As an independent Registered Investment Advisor, we’re not limited to using just one investment company or a short menu of certain 401k funds. Instead, we can shop the market for retirement plans. We’ll find a wider selection of investment options, usually at lower cost.
We’ll unbundle the expenses so that you will know what you’re getting. You’ll never find commissions listed among your expenses because we don’t accept them. The bottom line: You’ll get unbiased investment advice and a retirement plan that’s best suited for you, your employees and your business.
We can work with your current third-party administrator and plan designer. Or we can bring in our own experts.
Either way, we make sure that we take time to get to know your business and your goals. We’ll work alongside your third-party administrator or our own to ensure the plan is a good fit for your business. And we’ll stay in touch and regularly evaluate the plan so that it can grow along with your business.
Here is a partial list of our typical workplace retirement plan partners:
PASI (Pension Administrative Services Inc.)
Great-West Retirement Services
Fidelity Investments
John Hancock
American Funds
