Business Owners Need Trusted Support

Fiduciary Protection

As a business owner you take risks every day.  You also know when to insure yourself against risk.  Benefit Resources helps you meet your fiduciary responsibilities; we protect you a lot like an insurance policy might protect you.  Our staff administrators are all highly trained, and have been certified in this very complex field.  We stand shoulder-to-shoulder with you when it comes to operating your retirement plan.  We understand your plan provisions, and the law.  We will guide you through testing, we will confirm employee account activity, and will let you know if we see that some of your internal procedures may need to be modified.  We will insulate you from the potential pitfalls that can put you at risk.

Request a call here to get more information.

Customized Plan Design

No two companies are exactly alike, so why would you want an off-the-shelf retirement plan?  At Benefit Resources we get to know you and your company’s demographics.  We will talk about when you want your employees to become eligible for the plan.  We talk about the option of employer contributions – minimums and maximums, matching contributions or profit sharing, vested over time or not.  We discuss distribution options including whether or not to add loans or hardship withdrawals.  The bottom line is, we focus on YOU.  What do you want out of the plan for yourself, your family, your key employees, and your staff.  

Plan design is dynamic too.  What worked three years ago may not be what’s best for you now.  As a routine, we review your plan and your company demographics every year, and we will make recommendations for changes if we think that they are warranted. 

Get a Customized Plan Comparison based on your unique needs.

Successful Outcomes

Providing your employees with an opportunity to save for their future is an under-rated responsibility of a business owner.  You have surrounded yourself with professionals like your CPA, your attorney, and your financial advisor, who help you chart your future.  By offering a retirement plan to your employees, you are bringing to them the opportunity for financial success.  Strong candidates for key roles in your company will expect the opportunity to participate in a retirement plan.  You want your employees to be able to retire comfortably so you can allow the next generation to move into responsible roles.  

Your retirement account is important too.  It provides you with some diversification and ERISA protection of your investments outside of your business.  By funding your retirement account, you are able to pull money out of your business on a tax-favored basis while you are in control of the company.  Building successful outcomes for both you and your employees with a retirement plan is another example of a win-win.

Learn more in our white paper Choosing the Right Plan for your Business.

When choosing a third party admininstrator 401k or more accurately a third party administrator of 401ks, you'll want to choose a company focused on service. You'll want a company that answers the phone and can get you quick, accurate answers not a company that will keep you in a phone-tree, on hold and waiting for simple answers.