For most employees, their company retirement plan will be the primary way they save for their golden years. As a plan sponsor, it's your responsibility to make sure your plan offers the right resources at reasonable costs.
Canby Financial Advisors can help you evaluate and improve the quality of your current plan or help you create a new plan for your firm that meets the needs of both your business and your employees. Guided by your company’s distinct goals and our knowledge of various types of retirement plans, we can help you manage risks, comply with regulatory requirements, keep costs under control, and offer your employees the features, investment options and educational resources they need to save for retirement with greater confidence.
We can help you evaluate your current plan to determine if it's meeting objectives such as:
If we determine that your current plan is not meeting all of your company's objectives, we can work with you to negotiate changes with your current service providers or coordinate a search process for possible alternative providers. Or, If you are establishing your organization's first retirement plan, we can help you determine which retirement plan design will be most effective for your situation.
Your primary responsibility as a plan sponsor is to achieve and document your compliance with the myriad of government regulations governing qualified retirement plans. And as the fiduciary for your plan, you are required to act in the best interests of plan participants. We can work with you to help you make sure you are in compliance with:
Canby Financial Advisors can also serve as your fiduciary consultant to make sure you are offering a diversified, cost-efficient mix of investment choices for your employees.
We can provide educational services to encourage your employees to participate in your plan and to gain a deeper understanding of the benefits of saving for retirement and making informed investment choices. These include:
We can assist you and your organization with the following types of retirement plans:
If you are in the early stages of starting a retirement plan, we can help you figure out which plan design makes sense for your business and your employees.
Explore our educational content for plan sponsors and participants
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