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Start, Manage, or Improve Your Company’s Retirement Plan Today!
FRA’s Retirement Plan Services Team, led by Mike Hulme, FSA, AIF, CPFA, provides guidance on all aspects of plan operations. Examples include:
- Converting from a Simple IRA to a 401(k) plan
- Reviewing service providers and implementing changes
- Ensuring the investment menu complies with documented criteria
- Educating employees on how to save well for a successful retirement outcome
- Fine-tuning plan design to stay aligned with your objectives, and
- Exploring additional solutions such as a Cash Balance Pension Plan.
We partner with you in plan oversight and simplify your role by navigating with professional processes. Our services help cover key areas of your plan such as:
Risk and Management
- Fiduciary Risks & Responsibilities
- Plan Objectives and Design
- Service Provider Benchmarking, Screening and Selection
- As an independent firm, we are able to work with nearly all plan record keepers and third party administrators (TPA).
- It is not disruptive to your current record keeper or TPA relationship to partner with FRA to add value to your plan and employees.
Education
- Employee Education & Advocacy
- Improving Retirement Outcomes
- Improving Plan Performance
- We partner with you to create a tailored education plan with quarterly activity delivered in a variety of forms, including in-person sessions.
Investments
- Investment Policy Statement
- Robust Process: Screening, Selection, Monitoring, and Benchmarking
- Investment Co-Fiduciary
Financial Resource Advisors also offers consulting services to businesses for advice and financial analysis on projects, business planning and transition planning.
