May 8 2018Do you know how to prepare for a 401(k) storm?
What shelter does your 401(k) plan have against annual non-discrimination testing? If you are a fiduciary to a traditional 401(k) plan, there’s a chance you might be inclined to annual non-discrimination testing. A Safe Harbor Plan can eliminate the need for annual non-discrimination testing. Not sure if your plan qualifies? Check out this short video Read more ➝Apr 25 2018Our Eye is on the Horizon, Part 1
By Jay Sanford, Director, Investment Strategy I’m going to start with the bad news and it’s a secret, so please keep this close to the vest… the stock market will eventually go down! I know, I know, it’s hard to believe. We have had 9 years of growth (albeit slow at times) and the fundamentals Read more ➝Apr 12 2018Items Your Annual Retirement Plan Review May Be Missing
As a plan sponsor, you are no stranger to the annual retirement plan review. Although you may meet quarterly or semi-annually with your advisor, a yearly plan assessment is an opportunity to evaluate the health of your plan. Many times, the focus of an annual review has to do with investments and fund line-ups; and Read more ➝Apr 2 2018Infographic: Retirement Plan Review Questionnaire
Your annual retirement plan review has many different layers to it and presents the opportunity to evaluate the overall health of your plan. Download our free checklist to review key questions for fiduciary compliance, plan design, retirement readiness, fiduciary oversight, service provider due diligence, and investment due diligence. To access our Infographics page where Read more ➝Mar 26 2018What is 401(k) Benchmarking and Why Should You Do It?
Simply stated, benchmarking is the process of reviewing and evaluating your company retirement plan. It involves taking a look at what you are offering your employees today and deciding if it’s appropriate or needs some updating. There are four main areas to focus on when assessing your retirement plan: Plan Design Service Providers Funds Fees Read more ➝Mar 19 2018WFG Launches New Company Website to Enhance Client Engagement
Features Include Client Tools, Speakers Bureau, Upcoming Events, Customized Content and Inside WFG Washington Financial Group (WFG), a nationally recognized and award-winning leader in providing retirement plan and wealth management services, today announced the launch of the new company website designed to enhance client engagement by adding several new features (https://www.washfinancial.com/). Recognizing that clients desire Read more ➝Mar 12 2018What Does It Really Take to Retire?
As a plan sponsor, your employees rely heavily on your guidance; after all, you manage the plan that may offer their best shot at a successful retirement. When the 401(k) plan was introduced in the mid-80s, it was not intended as a standalone solution. However, as time evolved, defined contribution (DC) plans became the primary Read more ➝Mar 5 2018Evaluating + Creating a Prudent Fiduciary Process
Believe it or not, an efficient retirement plan committee does not happen by chance. The “best practices” your committee upholds form the foundation for a prudent process creating an opportunity for employees to pursue their retirement goals. Companies of any size can benefit from a consistent process and should consider implementing a few of the Read more ➝Feb 26 2018Wednesday Donuts
“Anyone seen Curt?” “Is Curt here yet?” “Where’s Curt?” Curt Gupton is definitely the most popular person in our office on Wednesday mornings. That’s because he brings the donuts (and bagels). This tradition was started many years ago by Jay Sanford, who would bring in donuts or bagels on an almost weekly basis. At the Read more ➝Feb 19 2018Customizing Plan Design
Retirement plans come in all shapes and sizes: DC Plans, DB Plans, Non-Qual, 401(k), 403(b), 401(a), 457, SEP IRA, Simple IRA, Roth IRA, Cash Balance, HSA… and any other number letter combinations that you can think of. The simple truth is that there is no one-size-fits-all version of a retirement plan; and as a plan Read more ➝