Corporate Retirement Plans
Retirement Plan Design
Designing a plan that works for your employees and good for your business.
You want the best for your employees. But a great plan that attracts and retains loyal employees should also reduce your administration responsibilities, minimize fiduciary liability and improve plan participation and deferral rates. We can help you design the plan that achieves your company's needs and objectives.
Our services include:
- Competitiveness Reviews – Benchmarking your key plan design features vs. industry peers, consultation relating to executive benefits and evaluation of the design of your overall retirement program
- Plan Sponsor Analysis – Periodic review of employer objectives relating to eligibility and employer contributions, along with ease of administration
Design Augmentation – Review the use of “auto” provisions, loans and other variables which when used properly, can help give participants a better chance of retirement success
Plan Reviews
As your company grows...
Annual Reviews often identify additional strategic retirement or benefit planning solutions.Depending on an employer fact pattern the following discussions may be appropriate, but completely outside of the scope of their current advisor or retirement plan record keeper.
- New Comparability or Advanced Profit Sharing alternatives to compliantly benefit leadership, ownership or key employees.
- Cash Balance Planning to allow qualified deferrals in excess of the defined contribution plan limits.
- Integrating retirement plan strategies into business owner succession, estate or personal planning.
- Complimentary deferral strategies such as non-qualified deferred compensation, 457b or 457f.
Participant Advocacy
Making your plan a success
Robust participation and improved deferral rates are the hallmarks of a great retirement plan. Just providing a plan isn't enough. Employers want their employers to have the ability to retire. The degree to which your employees engage and take meaningful actions to reach their retirement goals is a plan objective that we work with employers to achieve.
We have tools and talent to help you boost plan participation and engagement while enhancing overall employee participation.
Our services include:
- Education – Education policy development along with campaign coordination and in-person individual and group meetings
- Retirement Readiness – Unique forecasts for all employees
- Plan Success – Establish goals and track plan success based on a variety of factors including,participation, employee savings rates and individual investment diversification.
Cost Analysis
Designing a plan that works for your employees and good for your business.
You want the best for your employees. But a great plan that attracts and retains loyal employees should also reduce your administration responsibilities, minimize fiduciary liability and improve plan participation and deferral rates. We can help you design the plan that achieves your company's needs and objectives.
Our services include:
- Competitiveness Reviews – Benchmarking your key plan design features vs. industry peers, consultation relating to executive benefits and evaluation of the design of your overall retirement program
- Plan Sponsor Analysis – Periodic review of employer objectives relating to eligibility and employer contributions, along with ease of administration
Design Augmentation – Review the use of “auto” provisions, loans and other variables which when used properly, can help give participants a better chance of retirement success