Services > Retirement Plans > Plan Design & Consulting

 

Retirement Plan Design & Consulting

 

A majority of retirement plans in existence today have been sold as a bundled product by financial services firms who are focused on gathering assets. Standardized documents and boilerplate plan design apply a one size fits all methodology. Rarely, however, does one size fit all. Differing objectives and demographics should drive Plan design, not the scalability and ease of administration.

 

Below is a partial list of the plan types we service:

  • 401(k)

  • Profit Sharing

  • 403(b)

  • 457

  • Safe-Harbor

  • Money Purchase

  • Defined Benefit

  • Non-Qualified Deferred Compensation

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    Our Plan Design team is committed to turning your vision into reality. We offer the benefit of a customizable plan document with flexible plan provisions. Starting with your objectives and then analyzing the potential plan participants, our team will select the ideal plan type and provisions to meet those objectives.

    Once the plan design is finalized, you will receive a signature-ready plan document. As plan changes occur, we will prepare plan amendments, and update and produce a Summary Plan Description (SPD).

     

    "Following the terms of the plan document is also an important responsibility. The document serves as the foundation for plan operations. Employers will want to be familiar with their plan document, especially when it is drawn up by a third-party service provider, and periodically review the document to make sure it remains current."

     

    Department of Labor