Corporate Retirement Plan Services

As a business owner or trustee, have you recently asked yourself the following questions?
 
·         How do I know if my corporate retirement plan is successful?
·         Do I have my plan’s goals and objectives formally documented?
·         Do I have a formal Investment Policy Statement and is it referenced during Plan reviews?
·         Do I hold retirement plan committee meetings and document minutes from them?
·         Do I know how the provisions (features, match, etc.) compare against industry averages? Is it a competitive advantage for me as an employer?
·         Do I know what my retirement plan expenses are and how it compares to industry averages?
·         How do I select a plan provider and how do I know if my plan expenses are “reasonable”?
·         Am I happy with the level of participation and contribution rates by employees in my company plan? 
 
The Pinnacle Group assists you in developing customized financial solutions to these types of questions and more. Our knowledgeable team keeps your company’s retirement plan goals in sight as we assist you in answering these important questions. 
 
As a Corporate Retirement Plan Client of The Pinnacle Group, our process can help you provide a successful retirement plan for you and your employees by:
 
¨       Identifying issues that many hinder your plan’s effectiveness and providing a template for success, based on your vision of your company’s retirement plan
¨       Educating you, as owner and manager, about your liability and responsibility as a fiduciary
¨       Ensuring as an owner and manager that you are realizing maximum deferral opportunities
¨       Creating a participant education program that will:
o        Reward and retain employees
o        Maximize employee participation
o        Convince employees of the value of the plan
o        Prepare employees for a successful retirement
¨       Installing metrics and tools to measure the effectiveness of your retirement plan
¨       Conducting a prudent process of plan provider selection and comparing the costs of your plan vs. industry averages
¨       Limiting your liability through the proper use of an Investment Policy Statement
¨       Implementing a customized process for the on-going review and monitoring of your plan investments
¨       Creating a documented method to keep you updated with key issues affecting the management of the plan