Increasing operational and compliance concerns are causing employers to consider alternatives to traditional “single employer retirement plan” programs. In the past, employers needed to assume full responsibility for investment fund selection and monitoring, changing regulatory requirements, approval of QDRO’s, employee hardship requests, beneficiary payments, Form 5500 filings, plan documents, annual notice requirements, and much more. Quarterly investment and plan committee meetings tie up senior employee schedule time as employers struggle with what seems like an ever-increasing workload of regulatory and compliance hurdles. Additionally, in most cases employers shoulder personal financial responsibility for any mistakes that might be inadvertently made in operating their plan. This is unacceptable when there are other options available to the employer.
The Platinum 401k Can Handle All Of These Challenges And More!
Our unique multi-provider program is the leader in the retirement plan industry. With over 25 years of experience in working with multiple employer plan clients and with the flexibility to tailor investment providers – and pricing – to each client, our professionals enjoy a unique reputation for retirement plan excellence across the country.
What Does All Of This Mean To You And Your Company’s Retirement Plan?
Investment Provider Flexibility
The Platinum 401k allows you the ability to choose from a selection of leading investment providers.
Plan Design Flexibility
Our program can seamlessly accommodate any existing prototype document plan design.
By custom pricing each adopter individually, clients can receive pricing concessions as assets grow.
Reduce Your Fiduciary Liability and Focus On Running Your Company
You can eliminate your role as a Plan Trustee, and also reduce or eliminate many of the traditional duties associated with running a retirement plan. Save time, save money, and enjoy peace of mind.
Lower your costs, lower your liability, and have less headaches. Run your 401k plan just like you run all of your other employee benefit programs – hire a provider who then assumes the responsibility for virtually all of the day-to-day fiduciary oversight! Read More…