Plan Design Consultation

In the spirit of collaboration, we will review the elements of the retirement plan document to provide insight and suggestions as to which provisions might be beneficial to add, modify or remove in order to better serve the needs of your plan participants as well as the financial and administrative priorities of the business.  We can do this with start up plans as well as work with existing plans’ Third Party Administrators (TPAs), Custodians, Record Keepers and Payroll Providers to find the solutions that work best for you.  Here are some of the most common questions that we will help employers answer:

• How do we decide when employees become eligible to participate in the plan?
  

• Should we offer pre-tax elective deferrals, Roth contributions, or both?
  

• Does it make sense to have automatic enrollment or automatic contribution increases?
  

• What are the advantages of having a Qualified Default Investment Alternative?
  

• What kind of employer match or profit sharing should we offer?
  

• Should we accept rollovers?
  

• What kinds of provisions should we offer employees who may need to withdraw funds?