Qualified Retirement Plan(s)
Questions Every Plan Sponsor Should Be Asking:
• Are the administrative, investment, and management costs of your retirement plan transparent, reasonable, and competitive?
• Are the plan’s fiduciary responsibilities being appropriately addressed and documented?
• Does the plan provide a well diversified investment menu across major asset classes?
• Are investment options competitively priced and regularly evaluated against appropriate benchmarks?
• Is the plan structured to effectively serve the needs of both the organization and its participants?
• Are participants receiving the education, guidance, and support needed to make informed retirement decisions?
The answers to these questions help form the foundation of Prime Wealth Management’s consultative approach to retirement plan design, oversight, and participant support.
Working with Fidelity, we help organizations evaluate their existing plans, identify opportunities for improvement, and develop retirement plan solutions aligned with the needs of both the company and its employees.
Working with Fidelity, Prime Wealth Management will:
• Conduct a comprehensive review of your current retirement plan to identify potential inefficiencies, opportunities for improvement, and ways to enhance overall plan value for both the organization and its participants.
• Meet with plan fiduciaries and designated representatives to present our findings, recommendations, and proposed next steps.
• Coordinate and manage implementation and enrollment, including on site support when appropriate.
• Oversee the transition to a new plan when recommended, including provider coordination, implementation, participant communication, and enrollment meetings.
• Provide ongoing education for both existing and new plan participants to help them better understand and utilize the benefits available to them.
• Provide customized asset allocation guidance and participant support utilizing the plan’s available investment options, including open architecture self directed brokerage arrangements when available.
Thank you for considering Prime Wealth Management. We welcome the opportunity to review your current retirement plan, understand your organization’s objectives, and identify opportunities to strengthen the plan for both the company and its participants.
We look forward to speaking with you.