Retirement plan guidance every company needs

Having a company retirement plan is one of the best things you can do for your employees – and for your business. It’s an ideal way to attract and keep quality people. It enables you to help them put away money for their eventual retirement, as well as help you plan and save for your own future.

At Turning Point Wealth Management, corporate retirement plans is a major focus of our business. We can help you establish, implement and manage the plan that is right for you and your company. We’ve helped a lot of people open retirement plans of every kind, from 401(k) plans to SIMPLE plans.

Maybe you already have a company retirement plan, but you feel like it is being mismanaged or underserved – or you don’t feel that it’s doing what you envisioned. We can conduct a complimentary benchmark of your plan to measure it against others, and identify areas of improvement.

We  may be able to help you reduce your plan costs, improve employee participation and engagement, and allow you to focus on running your business instead of being distracted by managing the many details and responsibilities of your company retirement plan.

In some cases, companies that are closing are often at a loss about what to do with their existing plan. This is another area we can help with, making sure the employees are treated equitably and that the plan assets are distributed in a prudent manner designed to avoid costly tax penalties.

Plan performance

We help manage every aspect of your 401(k) plan, including design, implementation, investments, compliance, employee communications and interactions, provider selection, and cost/fee benchmarking.

Employee engagement

We want your employees to be able to retire well. We offer a variety of approaches to creating engaging programs designed to encourage your employees to get involved with your company’s retirement plan.

Fiduciary guidance

We follow a highly disciplined and prudent methodology to ensure the investment portfolio properly represents your plan demographics to drive the retirement outcomes of your participants.