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RETIREMENT PLAN SERVICES

Retirement plans are an important part of your benefits package, but employees are looking for more than just an employer contribution.  Many employees are looking for help with financial decisions in general, not just with their retirement plan.  Our Financial Care Plan was created to solve this need - to get each of your employees the resources and counsel that they need, when they need it.  To us, this is more than just picking investments and facilitating enrollment meetings, it's about transforming families relationship with money and bringing hope to employees who feel trapped in financial despair.   


For plan sponsors looking for more traditional services, we also offer the more traditional services including discretionary 3(38) investment management, 3(16) fiduciary plan administration, enrollment meetings.  Whatever your specific needs are, we're here to give you the freedom to focus on your business and the confidence to know your employees are being cared for.

FINANCIAL CARE PLAN

Employees are increasingly looking to their employer to provide them with access to financial professionals.  This need extends beyond just picking the right deferral amounts and investments.  Every employee is facing unique challenges and has specific needs that might include managing debt, optimizing social security payments, saving for college, or a number of other things in addition to saving for retirement.  Our service recognizes that retirement isn't the top priority for your employees and supports them wherever they are in their journey.

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FIDUCIARY SERVICES

There are many facets of managing a retirement plan that require specialized expertise.  We offer the following fiduciary services to plan sponsors to help the plan run smoothly.


  • 3(38) Investment Management

  • 3(21) Investment Advisory

  • 3(16) Plan Administration​

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EXPERT COMMITTEE MEMBER

Many plan sponsors like their current providers and don't want to make changes.  They also tend to allow providers to control the conversations around the plan performance.  Without expertise, most providers can seem like they're doing well when they aren't.  I can help you optimize costs and services with your current providers by coming alongside you as part of your plan committee(s) and helping manage service providers by asking questions that most plan sponsors don't know to ask.

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UNBIASED SECOND OPINION

Having an existing provider review your plan is fraught with conflicts of interest.  We can examine all major components of how your retirement plan is structured and operating, including design, costs, compliance, utilization and outcomes to help you fulfill your fiduciary duties.  We know what questions to ask and what rocks to look under to make sure you and your employees are making the most of the plan.

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Whatever your needs are, Transform Retirement is here to help you.  Click the button below to connect with us so we can share information, options and strategies to transform the way your plan works!

 

EMPLOYEE PERCEPTIONS

87%

Of employees indicated they want help making their personal finance decisions.

Source: 2021 PwC Employee Financial Wellness Survey

66%

Of plan participants think employers should provide access to financial planning/coaching.  This jumps to 74% for participants under age 30.

Source: JPMorgan 2021 Defined Contribution Plan Participant Survey

72%

Of employees whose financial stress increased during the pandemic indicated they would be attracted to another company that cares more about their financial wellness than their current company.

Source: 2021 PwC Employee Financial Wellness Survey