You and your business are unique; and you should not settle for an off-the-shelf or one size fits all retirement plan. When asked to present a retirement plan design, we ask better, bolder questions so we can deliver better, bolder answers.

Are you ready to have Benefit Plans Plus create a custom designed retirement plan for your company and are wondering what you need to do next?

We start by researching and collecting data about the company, its goals for the plan and census information. To get started download a data collection packet.

In addition to the data collection packet, we will need an employee census (i.e. date of birth, date of hire, compensation, etc.) Download the census template now.

Once we have gathered the necessary information, we will create a design packet showing the 3 or 4 best options for your company. The options we typically offer include 401(k), profit sharing, safe harbor, cross-tested, and defined benefit plans or a combination of these options. We will make a recommendation and include a summary of the benefits of choosing a certain plan design over the others. For samples of actual life plan designs we have produced for other companies, please click here.

Once a plan design has been chosen, we can help give recommendations as to which vendor to use for the custody of the assets of the plan. The decision shoud be made based on several factors including the number of participants, amount of current assets in the plan, annual deposits, cost objectives and the options available to your financial advisor.