A well administered Retirement Plan is an essential part of retaining valuable employees. If you want key individuals to become loyal long term contributors, they must have a comprehensive benefit plan that makes them feel secure. Offering retirement benefits also means significant fiduciary responsibilities for you as an employer.
The good news is that there are now some clearly defined guidelines (CAP Guidelines) and questions you can ask yourself to ensure that you are meeting your obligations as a Plan Sponsor:
Do our employees have access to the necessary tools in order to make sound investment decisions?
- Do they have access to the right investments?
- Is there adequate transparency?
- Are the plan fees reasonable?
If these questions are not easily answered there is help available to you by contacting us. We have the resources to assist you in ensuring that your Group Retirement Plan runs efficiently while protecting both the company and the employees. The right solution for you and your employees should relieve stress not create it.
