401K AND RETIREMENT PLAN SUMMARY OF SERVICES
PLAN PROVIDER EVALUATION AND SELECTION
Retirement Plan Needs Assessment: I can help you to evaluate your existing plan(s), plan provider(s), plan features, and investment options to ensure that your company is providing a valuable and competitive benefit for your employees.
Retirement Plan Needs Assessment: I can help you to evaluate your existing plan(s), plan provider(s), plan features, and investment options to ensure that your company is providing a valuable and competitive benefit for your employees.
Thorough Vendor Search:
- Solicit proposals and help you evaluate each option based upon agreed criteria
- Assist in identifying those service providers whose strategies match your
company's needs
company's needs
- Invite a select few service providers to present their program in more detail
Plan Type Selection and Plan Design Support: When selecting and designing a retirement plan, a plan sponsor must consider such issues as employee demographics, the goals and challenges of the company, and the financial implications of offering a plan.
IMPLEMENTATION SERVICES
Investment Information:
- Work with you to analyze current participant behavior
- Analyze 401k investment options to help ensure adequate representation of
investment categories
investment categories
- Support your efforts in making a final selection for plan investment options
- Provide ongoing information to evaluate investment offerings
Transition Assistance: Changing providers can be a complex and difficult task if it is your first time. I work with service providers to help ensure a smooth transition. As with any change, communication is the key. I can help you get everyone involved on the same page, to avoid unwanted surprises or disappointments.
ONGOING MAINTENANCE AND ANNUAL REVIEW
Coordinating / Conducting Enrollment Meetings: I will coordinate and conduct enrollment meetings as well as obtain your service providers assistance to help deliver enrollment meetings, if appropriate.
Individual and Group Investment Education: I can at your discretion, be available for one on one investment education meetings. I can provide an overall financial planning consultation that will allow participants to ask questions and receive education related to their specific personal financial goals. I can provide a valuable benefit to your employees' through investment seminars designed to address your employees' unique needs.
Conducting Re-enrollment Meetings:
- Increasing employee awareness of plan benefits
- Suggesting options to maximize participation and increase employee deferrals
- Helping participants explore appropriate asset allocation
- Helping participants explore appropriate asset allocation