Many company owners are compelled to offer employee retirement programs because the best job candidates expect them. Complying with the complex laws of the Employee Retirement Income Security Act (ERISA) can be very challenging. An experienced advisor can help company owners perform in their legally mandated roles as fiduciaries to the retirement plan, fulfill ongoing legal requirements and help employees make good investment decisions.
And that’s the role we play. We can advise on all the roles and responsibilities involved in running 401(k) and 403(b) retirement plans—and we can execute many of their key elements as well. We can help you select the plan that is best suited to your business situation, as well as your plan record keeper, your third-party administrator and the specific investment funds you make available to your employees.
We also can perform ongoing management by helping you provide legally required communications to employees at the specified times, maintaining mandated records and documentation, and even meeting with individual employees to help them structure their portfolios. We offer our service at any of three levels: ERISA 3(16), 3(21), or ERISA 3(38).
Our approach lets you focus on what you do best—running your own business—while we ensure your employee retirement program delivers on its promise.