Retirement Plan Services
In today’s current regulatory environment it has become more challenging for business owners to offer a quality retirement plan to their employees as well as themselves. When deciding to implement or changing a retirement plan, owners must be aware of several issues that could be detrimental to the plan. With plans from a single owner to over 500 employees we have the knowledge and experience to handle all forms of retirement plans.
Looking to increase participation among the employees and feel you’re not getting the service promised to you when you initially set up the plan? With the ability to become the advisor on the plan without changing plan providers, we will provide group and or one on one meetings several times a year to not only increase participation but provide education to the owner and the employees to help with future financial decisions.
Below is a list of services that we provide when working with any retirement plan.
What We Do For You - Retirement Plans
Fiduciary Management Assistance
- Committee Establishment and Structure
- Investment Policy Development
- Fiduciary Documentation File Assistance
Plan Reviews
- Perform Periodic Investment Performance Reviews
- Analyze Investment Holdings for IPS Compliance
- Review and Assist to maintain IPS
- Benchmark and Evaluate Investments
- Research Multiple Alternatives for Fund Replacement
Vendor Searches/Plan Comparisons
- Cost Analysis
- Provider Reviews
- RFP Evaluation
Plan Benchmarking
- Disclosures
- Surveys of comparative data for plan sponsors
- Benchmarking Savings Rates
- Benchmarking Match Levels
Measure Effectiveness of Education/Participant Communications
- Review Online Access/Web Based Tools
- Report Participant Metrics and Define Success
Employee Education
- One on One or Group Enrollment Meetings
- Goal Setting
- Retirement Preparedness
- Presentations and Workshops on Different Financial Topics
- Assist Participants to understand Fee Disclosures
Retirement Readiness Initiatives
- Education Workshops
- One on One Meetings
- Gap Analysis Tools
- Recordkeeper participant account management and advice tools
For more information about the services we offer, send us a quick email or call the office. We would welcome the opportunity to speak with you.
jwalsh@rwbaird.com | 616-233-8721