Did you just do a search for 401k providers? If so, you likely found a myriad of links and people vying for your attention and clicks. Understandable, people are looking to sell you a plan if you are ready to buy.
But do you know what to stay away from if you hear a 401k provider say it?
Do you know what questions to ask the many TPAs (or 401k providers) that will happily set you up with any plan regardless of if it's the best fit for you?
How will you know if you are you taking advantage of all of the tax deductions that are available through a qualified retirement plan? Do you need to start a 401(k) plan before the end of the year?
401k providers vary greatly in the quality of services and plan design help they offer. We call our company Benefit Resources because we are your #1 Resource for retirement plan administration. We often set up 401k plans, but offer a variety of other plan types if you are interested. We don't want to set you up with any plan and hope you are happy enough to not leave us.
We want you to have the best plan available to you, and tailored to you based on the needs of your company, because your company has different demographics and needs than the company next door.
Here are three things that we do as a 401k provider that you won't find elsewhere. Below you'll see what to look out for and if you hear them, even if wrapped up in pretty terms, run. You won't get what you need from a national provider.
Our services are head-and-shoulders above to the typical national retirement plan provider:
What we do:
What you might expect at national 401k providers:
If you have considered a national 401k provider, think again. You'll want someone who has the time to talk to you and who knows you by name, not account number. Someone who picks up the phone when you need them, instead of getting stuck in a phone tree and having to explain the problem to 4 people before getting the help you need.
Call BRI to provide TPA services for your new or existing retirement plan. You deserve the peace of mind and competence that our highly-trained, certified administrators bring to the table every day in working for you.
You might also like:
What's the best Pension Plan for you?
Pension Administration - The help you need
Start a Retirement Plan - NOW!
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