Retirement & Executive Benefits
Attract, retain & reward employees at all levels of your organization
3 ways to get and keep your most valuable assets, your employees
How does your company attract, retain and reward employees?
What strategies can you implement toward achieving those goals? Consider these three offerings:
Qualified retirement plan consulting
- 401(k) & 403(b)
- Profit sharing
- Cash balance
Non-qualified retirement plan consulting
- 409A, nonqualified deferred compensation
- §162 executive bonus
- Split dollar
- 457(b) & 457(f)
- Golden handcuff
Executive benefits consulting
- Supplemental, carve-out executive benefit life, disability, and long-term care insurance
- Group insurance
- Key person insurance
Plans that fit your company – not every company
Retirement plans and executive benefits plans are not “one size fits all.” We take the time to understand the unique characteristics of your business to ensure that your plans are properly structured to best meet your needs.
We help you find the right fit
With numerous providers in the marketplace, evaluating and selecting the right one can be daunting. We do the legwork, comparing and contrasting the options to help each client select the best fit based on variables that are most important to them.
We help minimize risk – and we share it
We educate plan sponsors about their fiduciary responsibilities and offer them solutions to minimize their fiduciary liability and exposure. We serve as co-fiduciaries on our clients’ qualified retirement plans, so we have a vested interest in ensuring your plan’s success.
Plan choice is just step one
We help our clients with all aspects of managing their plans including employee education and communication, vendor oversight and management, plan benchmarking, plan design, plan financing, compliance, vendor integration, mergers and acquisitions, and plan analysis.
We’re always transparent – you should understand your costs
We believe that it is important for our clients to know how much they are paying for the services they receive. As a result, we are committed to fee transparency and full fee disclosure.
What are the benefits of a fiduciary review?
The team at Kaufman Rossin can help keep your retirement plan operating properly through a comprehensive fiduciary review focusing on these core areas:
Benchmarking investment performance
- Costs and fees
- Policy documentation
- Investment options
Staying current on compliance
- Statutory requirements
- Failed test correction
- Identifying missed deadlines
Identifying potential errors
- Deferral timeliness
- Provisional operation
- Proper coverage
Recommending plan improvements
- Match evaluation
- Eliminate eligibility waiting period
- Roth contribution option
How do you measure retirement plan success?
Companies typically use participation rate as a measurement of how successful their 401(k) plan is, but there is much more you should be factoring in to evaluate the effectiveness of your plan.
Annually assessing these key metrics will also help you identify strategies to help improve plan performance and better prepare employees for retirement.
- Meaningful employee savings rates
- Analysis of anticipated income replacement ratios
- Appropriate asset allocation
- Lower employee turnover
- Higher attendance at financial wellness meetings and seminars
- High plan participation rates
30 years and counting
We’re an independent member of Buckingham Strategic Partners, which has supported advisors since 1997. Buckingham serves over 1,700 retirement plan clients and manages over $4 billion in assets under advisory.
Partnering with Buckingham provides us with the resources and experience of a national partner, while maintaining the local support that allows us to focus on our clients’ needs and strive to provide service that exceeds expectations.
Let’s start a conversation.
§Investment advisory services offered by Kaufman Rossin Wealth LLC, an investment adviser registered with the U.S. Securities and Exchange commission. Reference to registration does not imply any particular level of qualification or skill.
Buckingham Strategic Wealth, LLC, a 3(38) Investment Manager, is an investment adviser registered with the U.S Securities and Exchange commission. Reference to registration does not imply any particular level of qualification or skill.
Tax advice and services offered by affiliate Kaufman Rossin CPAs and Advisors. Always consult an attorney or tax professional regarding your specific legal or tax situation.
Insurance products and services offered through affiliate, Kaufman Rossin Insurance Services. Clients and prospects are encouraged to evaluate all options for insurance solutions.
