Broker Check

Ten Reasons to Get a Second Opinion on your Company Retirement Plan:

| July 22, 2022

  1. You haven’t had a formal second opinion in more than three years.
  2. You are unsure what you are paying and how you compensate your advisor.
  3. You question whether your advisor is a retirement plan professional or a jack of all trades.
  4. You don’t have a formal and documented process for monitoring your plan.
  5. You have not benchmarked your investment provider’s services and fees in over three years.
  6. You have not been conducting ongoing employee education.
  7. Your plan participation rate is low. Fewer than 60% of your employees contribute.
  8. Your employee deferral rates are low. Employees are saving less than 5% of their income.
  9. You are not familiar with the benefits of ROTH, auto-enrollment, auto-escalation, and safe harbor provisions.
  10. Your shareholders and key employees are limited in how much they can contribute to the plan.

We have a proven 6-Step proprietary process for providing companies with a Vital Second-Opinion on their company 401(k) or 403(b) plan. Our goal is to help keep your company out of harm’s way from regulators while improving financial outcomes for your employees.