HOW DOES YOUR plan stack up?

Employers need more from their 401(k) service providers. Nearly 50% of plan sponsors are assessing a change to their plan’s record-keeper or advisor, according to the 2022 Fidelity Plan Sponsor Survey. Organizations are seeking an advocate in their service providers who can deal with potential issues, enhance investment offerings, and specialize in qualified retirement plans.

SHRM 401(k) Solutions by Raymond James can help whether you’re looking to lower costs and remove some of the burdens of offering a 401(k) or you need to establish an efficient and cost-effective offering. We give employers an opportunity to assess their current plan and identify where quality and service can be upgraded while potentially reducing costs.

Our Retirement Plan Consulting Offering

Raymond James can act as your investment advisor on all major recordkeeping platforms. Changing your chain of support to help ensure all decisions are made with your employees’ best interest in mind doesn’t have to be a hassle and can potentially reduce fees. If you’re satisfied with your plan’s record-keeper and administrator, we can act as an independent retirement plan consultant, agnostic to plan provider.

Empower your employees to make financial progress through your 401(k) plan. Our approach to employee education aims to boost financial wellness through customized tools that meet employees where they are today.

When you partner with us, you’ll receive:

• Fiduciary vault through client portal
• Investment policy statement and client service plan
• Fiduciary outsourcing of investment manager selection and monitoring
• Employee wellness tools and education
• Annual plan fee benchmarking
• Coordination with vendors to keep all parties accountable

Raymond James will benchmark your organization’s plan to find savings specific for your organization, all while improving your employee benefits.

SHRM 401(k) solutions by Raymond James helps your employees make meaningful progress toward their financial goals while also helping you meet your fiduciary responsibilities.