Retirement Plan Ostrich?

Lots of folks in the business world don't stop to think of themselves as a "retirement plan administrator," because the fancy title isn't on their cards. The reality is, however, that many business people—particularly in the small business world—are fiduciaries of retirement plans…like it or not.

So, if you are unsure of your duties and legal obligations, or what responsibilities your role might require of you, give us a call at 970.668.5525; we'll help you figure it out.

Business Retirement Plans

Retirement plan sponsors—from sole proprietorships with a handful of employees to large corporations—face a unique set of challenges in their fiduciary duties. And recent changes to law have only reinforced the fiduciary nature of the role of plan sponsors, too. That's why we offer a unique set of services to you:

Excellent service.
Help with ERISA compliance, including plan design and investment responsibility.
Unbundled services, including support such as an audit trail.
Assistance in managing plan expenses (many plans have excessive fees, which reduce long-term returns and make this required task of the fiduciary more challenging).
Proper asset allocation, including:
- The right balance to
  - Provide prudent diversification and
  - Narrow choices to a workable number (research demonstrates that too many or unsuitable plan choices doom participants to failure).
- A selection of managed portfolios or lifestyle funds.
- Creating appropriate default options.
Design of participation incentives.
Set up of automatic enrollment.
Assistance with Pension Reform Act of 2006 rules.
Employee education and advice.
Values-based or socially responsible investing (SRI) options.