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EBP Retirement Plan Design Concepts
In the employer-employee relationship, nothing says ‘I love you’ more than compensation. A pat on the back or some token of appreciation are nice, but let’s face it: The essence of the employer-employee relationship is based on an exchange of the employee’s services for the employer’s money or similar form of tangible compensation. Usually, the higher the value of an employee is, the more compensation the employee gets from the employer.
Compensation, of course, can take many forms. In addition to regular wages, employers often offer their employees compensation packages that may include a mixture of such benefits as health insurance, paid time off, tuition reimbursement and qualified plans that help to save for retirement. When it comes to qualified retirement plans, there are many types, but it is the plan design that will ensure both you and the beneficiaries of the program are completely satisfied. Designing a plan specific to your company’s requirements is what we do best!
Whichever type of retirement plan you select, it will be backed by outstanding institutional money management talent from some of the best known plan providers in the industry. You will have over one hundred and fifty investment fund options to choose from, including funds managed by T. Rowe Price, AIM, Loomis Sayles Funds �. PBHG, putnam investments, Janus Capital Corporation. STRONG, Stein Roe Farnham, Brandywine, Templeton, Fidelity Investments �. and more.
Our staff of experienced, highly trained professionals will help you design your plan, manage your plan, and assist you and your plan participants. As one example, we stress the importance of holding semi-annual State of your 401(k) meetings to communicate the plan often and consistently.
When you select Executive Benefit Plans as your pension specialist your company gains more experience, expertise, and service in the operation of your retirement plan. For details on redesigning retirement plans for small businesses contact an EBP representative today for a plan analysis and recommendation. Or, If you prefer, have your tax attorney, CPA, or Financial Advisor contact us. We will work with your most trusted advisors to design a retirement plan that attains the goals and meets the needs of your company.
When we say, We have plans for you — it’s not just a tagline — it’s a testament to the successful plans we’ve designed, and the outstanding programs we offer!
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