Employee Retirement Plans

    We help you design and implement retirement plans that assist employees in their personal financial journeys while taking into account your own financial needs. We aim to increase satisfaction with the plan participants and give business owners the confidence that they’re making informed decisions about their retirement plan. The Retirement Plan team provides the following services:

     

    Ongoing Consulting

    With Ongoing Consulting Services, BFG will sign on as a co-fiduciary for retirement plans. We conduct an initial review, provide recommendations, and then assist with the implementation of your plan. Once implemented, we help with the ongoing management of your plan and are here to help you answer any questions. We help with the following:

    • Retirement Plan Design:
      We learn about your objectives and current strategies for yourself and your employees. We consider both your objectives and your budget when developing recommendations for plan design, retirement plan provider, and third-party administrator. 
    • Compliance
    • Co-Fiduciary Support:
      We serve as co-fiduciary on your retirement plan, meaning we share in the legal responsibility and work to help you meet the regulatory requirements for your plan. We continuously monitor the retirement plan providers and money managers to ensure that the retirement plan is following prudent practices that benefit the plan's participants.
    • Managing Costs over Time
    • Ongoing Review Meetings:
      We provide periodic Review Meetings to discuss plan administration, plan document and law changes, investment performance, participant activity, and communication and educational needs.
    • Enrollment and Education Meetings
    • Employee Investment Advice for Retirement Plans
    • Employee Communication
    • Plan Administration and Participant Service
    • Investment Management
    • CEFEX-Certified Oversight

    Project-Based Consulting

    Project-Based Consulting is a great way for potential clients to get a taste of BFG’s services without committing to an ongoing partnership. Projects could include the following:

    • Retirement Plan Review:
      We provide a one-time review of your retirement plan to analyze and provide recommendations related to compliance, cost, design, and overall satisfaction with the plan.
    • Fiduciary Oversight:
      We work with your current retirement plan advisor to assist with corporate governance and compliance.
    • Special Projects:
      We provide answers to your questions related to compliance with state and federal laws, plan administration, or other challenges.

    Retirement Plans

    • 401(k) Plans
    • 403(b) Plans
    • Cash Balance Plans
    • Profit Sharing Plans
    • Simplified Employee Pension (SEP) Plans
    • SIMPLE IRA and SIMPLE 401(k) Plans
    • Defined Benefit Plans
    • Executive Benefit Plans, such as Deferred Compensation, Supplemental Executive Retirement Plans, Split Dollar Insurance, Bonus 162 Plans, Executive Estate Planning, and Stock Options

    CEFEX-Certified Oversight

    We are certified by the Centre for Fiduciary Excellence as an Investment Advisor. Learn more...



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