401(k) Advisory Plan Services for Sponsors and Participants

401K Plan Sponsors and Participants have a right to expect complete, comprehensive support and guidance toward successful and beneficial retirement plan administration. 401K Advisors have a responsibility to provide the exceptional service employers and employees expect. I am committed to consistently working and providing the exceptional service they deserve.

Plan Sponsor Rights and Expectations

• Plan sponsors want a plan that will enhance their company’s ability to attract, retain and reward productive employees.
• They expect effective management of their fiduciary responsibilities on their 401K plan.
• Sponsors want advisors to provide complete and logical answers to their questions and a responsive reaction to service issues for their plans.
• Sponsors want their advisors’ assistance in raising employee awareness of the benefits of their retirement program to enhance employee satisfaction.

Plan Participant Rights and Expectations

• Plan participants want and expect complete, comprehensive, and understandable guidance to accomplish their retirement savings goals.
• They expect access to the range of services available to help support them best.
• Participants want and expect complete and logical answers to their questions and responsive reaction to service issues for their plans.

401K Plan Advisors – Their Service Responsibilities to Sponsors

• Plan sponsors expect exceptional service for their employee team members’ success.
• As advisors, we should be available daily to sponsors for all inquiries.
• Advisors should contact sponsors monthly for any services we can provide for their employees.
• Quarterly, sponsors expect investment performance reports, and annual meetings with trustees and TPAs to benchmark performance and plan fees.
• We are responsible for being onsite at our client companies for one-on-one employee meetings, and annual comprehensive state-of-the-plan reporting and review.
• Sponsors and Participants expect a calendar of committed times to meet with their advisor.   

401K Plan Advisors – Mutual Responsibilities with Plan Sponsors

• Facilitate discovery, offer insights, and develop goals for the employees’ benefit.
• Promote communication between our team and the employer's team including outside counsel, CPAs, and Third-Party Administrators.

Promote employee education, plan sponsor communication, and use the discovery to note corporate changes materially affecting the company’s plan and our ability to carry out our responsibilities, to the benefit and success of the sponsor’s plan.