401(k) Plan Fiduciary Services & Participant Education
Get a professional fiduciary on your side.
A Partner for You and Your Employees
Cardinal Retirement Planning, Inc. works directly with small businesses, sole proprietors, and other employers, assisting your management team and company by:
- Providing investment advice to the Plan, including information on asset classes and investment alternatives available for the plan
- Developing an investment policy statement (“IPS”) that outlines the goals and objectives of the retirement plan
- Providing research and investment advice to help select enrollment features like auto-escalation and default investment alternatives
- Monitoring plan investment options, performance, and consistency of fund management
- Leading educational classes about general investment information, economics, and financial planning
- Assisting in enrollment and education to help employees understand features like an employer match
- Providing custom-made Benchmark+ portfolios upon request
- Performing cross-testing to properly guard against discrimination between salary tiers
Let Cardinal focus on your 401(k) plan while you focus on running your business! We will not only help you design and implement your plan, but we will also help you build engagement with ongoing classes on investments, economics, and financial planning. Surveys have shown that many employees are unaware of all the retirement benefits offered by their employers. Making sure your employees understand and are using your benefits helps improve their retirement outcomes and more!
At Cardinal, we believe your business is unique, and your 401(k) plan should match! We offer an independent approach, which allows us to partner with any number of different retirement platforms, so we can help you find the best fit for your business and implement. Retirement platform partners include Lincoln, Vanguard, and ADP, and more.
Need something more complicated?
We understand that retirement benefits are not a one-size-fits-all approach, and our professional consulting service allows for in-depth plan design and customization.
Our expertise with SEP IRAs, Simple IRAs and 401(k) plans, Roth IRAs including the “mega-Backdoor Roth” structure, profit sharing plans, Solo 401(k) plans, net unrealized appreciation (“NUA”), defined contribution & pension plans, and personal finance helps allow us to identify and build the right retirement plan for you and your company.
Let Cardinal help you use the tax code to help build wealth for your employees and for yourself!
