A plan to be proud of
We have two goals that guide everything we do for our 401k plan clients:
Make retirement as successful as possible for your people. Make things as easy as possible for you.
THE SERVICES WE DELIVER
Personalized Plan Design and Implementation
Fiduciary Guidance,
Tools and Training
Helpful, Hands-On Participant Enrollment
Participant Education Programs like no other
Group Meetings, One on Ones, and Open Line
THE RESULTS YOU CAN EXPECT
Happy Employees with Better Outcomes
Plan Administration
Made Easy as Possible
Better Talent Acquisition and Retention
Better, Easier, Friendlier HR
PLAN SPONSOR SERVICES
Making it easy for you
PERSONALIZED PLAN DESIGN
Our work with Plan Sponsors starts by developing clearly defined plan goals and objectives. Our 6-step proprietary process helps address all Department of Labor and ERISA requirements. We focus on helping manage employer liability and pursuing stated plan objectives, all while reducing our clients’ workload.
THOROUGH, ORGANIZED
PLAN IMPLEMENTATION AND GOVERNANCE
Through our plan governance process, RetireRight facilitates program implementation, assists in the creation of required documents and an ongoing investment monitoring process which assists with continued compliance. This is done concurrently with documenting and storing the data necessary to help comply with regulatory requirements.
KEY SERVICES OUR CLIENTS VALUE
THE RETIRERIGHT FIDUCIARY VAULT
The online, easy-access place for your fiduciary risk management audit file. All the essential documents to manage your responsibilities as a fiduciary and plan sponsor, at your fingertips. An incredibly valuable tool in streamlining the management of your plan and to help maintain compliance.
PLAN BENCHMARKING
A comprehensive plan benchmark report that includes full fee disclosure and comparative analysis, making sure your plan meets industry standards and maximizes your value.
THE RETIRERIGHT REPORT CARD
A helpful report we provide to plan sponsors showing year-over-year plan averages since our initial engagement, to show our impact on your plan’s health over time. Our goal is to help employees at all income and education levels improve their retirement readiness in order to fulfill their income objectives through retirement.
FIDUCIARY TRAINING
Comprehensive fiduciary training program we provide for plan sponsors, helping to avoid the most common problems the Department of Labor encounters in its enforcement activities, with an emphasis on:
• Understanding the terms of the plans
• Selecting and monitoring service providers carefully
• Making timely contributions to fund benefits
• Avoiding prohibited transactions
• Making timely disclosures to workers and their beneficiaries and reports to the government
PLAN PARTICIPANT SERVICES
Making it successful for your people
HELPFUL, HANDS-ON PARTICIPANT ENROLLMENT
Great education leads to greater enrollment. At RetireRight we make it as easy as possible for your people to clearly understand your company’s retirement plan and the great opportunity it provides them. First, we conduct helpful One-on-One Meetings with all employees. Additionally, we offer and encourage hands-on Enrollment Consultations with employees that are eligible now or soon will be, in which we help them enroll and make the important choices that will have a direct impact on the quality of their retirement.
RETIRERIGHT VISITS AND ACCESSIBILITY
We educate, meet and communicate with your people in a combination of personalized ways to build their trust, get them clear and involved, and keep them on track through all of their personal and outside events. Group meetings are customized into two groups: Accumulation – for those in their 20s, 30s and 40s, and Disbursement – for those closer to retirement. On top of all that, we make ourselves available to all your plan participants with our 24/7 Open Line.
EDUCATION AND COMMUNICATION
For your company retirement plan to be a successful benefit program, employees must feel empowered and on-track for a successful outcome. A retirement plan that is properly designed and effectively communicated to participants can significantly improve employee morale.
