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Employee Benefit Plan Business owners and executives that have chosen to implement a 401(k)/ERISA qualified plan have, by virtue of recent law changes, placed themselves in a fiduciary role thus greatly increasing their personal liability exposure. For this reason we believe that all plans, especially those put in place prior to 2004, need to have a thorough review. Our consultative review focuses on implementing industry best practices, reducing plan costs, investment performance and reducing personal liability for the owners/executives. We take advantage of our independence and close relationships with leading Third Party Administrator's to craft qualified plans, which stand up to today's stringent requirements while reducing personal liability for the owners/executives in charge of the plan. We utilize sophisticated analysis software to let our clients know how their plan performance compares to similar plans across the country. For more information on the risks of 401(k) plans, please click here. |