Employee Retirement Plan Management

Design and implement your employee retirement plan

Employee Financial Wellness Program image depicts Businesswoman giving a high five to male colleague in meeting. Business professionals high five during a meeting in boardroom.

Businesses know that attracting and keeping talented employees can be challenging. What’s more, they face basic responsibilities and fiduciary duties when it comes to employee retirement plan management. Managing your 401(k) or other retirement plan requires specific knowledge, skills, and time that you or your team may not have.

The challenges of employer-sponsored retirement plans

Employee retirement plan management is a specialized area of practice that requires servicing professionals with an in-depth understanding and knowledge of requirements for the unique challenges that often arise. A professional financial advisor can help you avoid liabilities and stay on track with your fiduciary responsibilities by managing your plan or by providing advice as a consultant.

A dedicated specialist can assist you with a wide spectrum of functions surrounding operations including:

  • Strategy consultation and monitoring. Our specialists assist with employee retirement plan design, implementation, and administration.
  • Executive benefits. We assist you in attracting and retaining key employees with personalized analysis and tailored recommendations on executive benefit plans like deferred compensation, supplemental executive retirement plans, split dollar insurance, bonus 162 plans, executive estate planning, and stock options.
  • Investment menu design. We help you assess and maximize your current and future employer-sponsored benefits and offerings through fee analysis, plan benchmarking, provider search, and negotiation.
  • Co-fiduciary support. We help companies manage costs over time with plan administration and participation, compliance, and regulatory requirements. We’ll provide ongoing review meetings that cover administration, law changes, investment performance, and participant activity.
  • Oversight and monitoring resources. We continually monitor retirement plan providers and money managers to ensure prudent practices are followed.
  • Enrollment, education meetings, and personalized participant communications. Our experienced financial advisors will hold routine educational meetings to discuss retirement strategies and investment options and send personalized employee communications to help your team reach their retirement dreams.
  • Project-based consulting. You can assess our services without committing to an ongoing partnership with one-time review, fiduciary oversight, and special projects.

Selecting an employee retirement plan manager

When searching for a service provider, consider the firm, affiliations, and experience with 401(k), 403(b), 457, TRS, and TSP planning, and assets under management (AUM). Also, consider their objectivity and ability to provide unlimited solutions to meet your needs, rather than a limited selection. Get a description of how plan assets will be invested and managed, and how your plan participant directions will be handled. Finally, review the firm’s performance record and the experience, qualifications, and credentials of the professionals handling your plan, along with any enforcement actions taken against them.

Are you ready to get started?

We have plan specialists experienced in:

  • 401(k) Plans
  • 403(b) Plans
  • Traditional IRA
  • Roth IRA
  • Cash Balance Plans
  • Profit Sharing Plans
  • Simplified Employee Pension (SEP) Plans
  • SIMPLE IRA and SIMPLE 401(k) Plans
  • Defined Benefit Plans

We’re happy to discuss your specific retirement plan needs with you.

If you’re a small business owner, you may want to learn about the additional financial planning challenges you may face.

Simple IRA: Is This the Best Plan for Your Business? Back to Top

The SIMPLE IRA: Is This the Best Retirement Plan for Your Business?

As an employer with 100 or fewer employees, you have the ability to establish a simple and cost-effective retirement plan for you and your staff. There are a few options available, but one you may want to consider is the Savings Incentive Match Plan for Employees, commonly known as SIMPLE IRA. This plan type is an attractive recruiting and retention tool for highly compensated employees who are deterred from traditional 401(k) plans due to discrimination testing.


Roth 401(k) and 403(b) Plans for Employers Back to Top

Roth 401(k) and 403(b) Plans concept with businessman holding tablet with financial graphs rising above it.

Since their creation several years ago, Roth 401(k) and 403(b) plans have become increasingly popular options for employees to save for retirement. Like their counterparts—traditional pretax 401(k) and 403(b) plans—they are established by an employer and allow eligible employees to save for retirement. Roth 401(k) and 403(b) plans, however, differ dramatically in terms of tax planning.


SEP IRA: Is This the Best Plan for Your Business? Back to Top

The SEP IRA image shows businessmen and women sitting together having a discussion.

As a self-employed individual or small business owner, you have the ability to establish a simple and cost-effective retirement plan for you and your employees. There are a few options available, but one you may want to consider is the simplified employee pension (SEP) IRA.


Small business owners may face additional planning challenges

Learn More

Accessibility Tools