Retirement Plan Services

We assist businesses and non for profit organizations with their defined contribution retirement plans. As a Registered Investment Advisor (RIA) we work for our clients and do not receive compensation from any third parties. We utilize only fee-based, open architecture plan design, free of proprietary funds or investment requirements.

We are proud to specialize in working with retirement plans with 25 million and less in assets. A hallmark of our firm is the personalized approach and attention we give to each organization and each employee. We desire a meaningful relationship with the organization as well as the employees. When retirement is one day realized for employees we want them to already have a trusted advisor relationship to work with.

Offering a retirement plan legitimizes an organizations employee benefit package, however it does come with important responsibilities:

  • Providing diversified investment options
  • Educating employees about the plan, their contribution options, and their retirement readiness.
  • Annually reviewing the plans investment options, the fees charged by the funds and service providers, and their returns to ensure options are reasonably priced and performing well compared to benchmarks

Today there is a good deal of government scrutiny on 401k retirement plans to ensure that they are paying close attention to the investment options they offer their employees, as each employee is entrusting the company with their retirement assets and to look after their best interest. More than ever, working with an expert who specializes in plan design, compliance, and fiduciary requirements is a key in reducing the company fiduciary risk.

What partnering with Affinity Wealth Management means for organizations:

  • The ability to outsource virtually every day service or management component of the company 401K plan. We function as an extension of your HR team, here to answer all employees questions and work with employees directly to handle common maintenance issues such as getting commonly needed forms, signing up new employees, assisting with separated employees, and any other plan service related items.
  • We do not believe much is accomplished in helping employees understand their retirement needs in large group presentations. Each year we sit down with all plan participants one-on-one to talk about their specific situation and helping them achieve their retirement.
  • One of our main goals is insuring that 401k plan it is meaningful to all eligible employees. We will implement strategies and education to increase overall plan participation.
  • Each organization we work with receives an “Annual Service Agreement” which outlines the service-based items the plan will receive from us each calendar year. We want to deliver a concierge level of service and feel it is important to put into writing what you should expect from us.