Company Retirement Plan Consulting Services

Better Retirement Plan Outcomes

Koenig Financial Group’s corporate offering helps business owners and company administrators develop and manage custom retirement plans.

Success with your company’s retirement plan requires not just implementing the right retirement plan but, as importantly, integrating the plan into your company’s systems. The successful rollout of a new or replacement retirement plan must consider how the owner and employee will access plan details and how payroll processes and accounting systems will be integrated.

Led by Todd McCaffray, CFP®, our corporate plan services are backed by years of focused expertise in the area of corporate retirement plans.

Amazing Partnerships

Of all the financial tools, the corporate retirement plan is probably the most complex and requires the greatest number of partnerships to be successful. When one considers payroll processors (QuickBooks, ADP, Rippling, Paychex, etc.) to accounting systems (QuickBooks, Sage, NetSuite, Xero, etc.) to recordkeepers (Fidelity, Vanguard, Vestwell, etc.) to Third Party Administrators (TPAs), it clearly takes a village. Choosing an independent and experienced partner who can guide you through the many considerations for a successful retirement plan rollout is the first, and likely the most important step.

Ask us about our most recent partnership- RIPPLING

Here’s an example of the complexities of a retirement plan rollout and how Rippling played a key role in simplifying across the functional areas of IT, HR and Finance. In a recent implementation completed by the experts at Rippling & the Koenig Financial Group, we helped the accountant using QuickBooks change their labor intense process for timekeeping and payroll to a highly automated payroll and timekeeping process through Rippling’s Employee Relationship Management System. Further the Koenig Financial Group integrated Medical and Dental benefits from two national carriers, a 401(k) plan using a nationally known Record Keeper and a local independent Third Party Administrator for customized Profit Sharing and Cash Balance plan benefits. Finally, the IT team (both the outsourced IT experts and the internal IT resource) deployed Rippling for streamlined device management, improving the process to set-up, deploy, update and replace the employee’s computers.

The Koenig Financial Group brings expertise both with Rippling and with the following employee benefits.

Retirement plans including 401(k), 403(b), Combo and other Defined Benefit plans
Group Healthcare & Dental Insurance
Group Disability & Term Life Insurance
Health Savings Accounts and other “Cafeteria Benefits”

Learn how the experts at Rippling & the Koenig Financial Group can help you deploy and integrate a modern Employee Relationship Management system across your company!

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Key Considerations for Plan Sponsors and other plan Fiduciaries

OWNER GOALS

A WELL-DESIGNED RETIREMENT PLAN ALLOWS OWNERS, KEY EMPLOYEES, AND HIGHLY COMPENSATED EMPLOYEES (HCE) TO MAXIMIZE SAVINGS AND TAX BENEFITS, WHILE ALSO PROVIDING A VALUABLE BENEFIT TO NON-HIGHLY COMPENSATED EMPLOYEES (NHCE).

COMPANY CULTURE

EVERY COMPANY WILL HAVE IT’S UNIQUE GOALS, MISSION AND CULTURE. YOUR RETIREMENT PLAN SHOULD SUPPORT AND PROMOTE THAT CULTURE WHILE STAYING ALIGNED WITH YOUR COMPANY’S MISSION.

ATTRACT AND RETAIN TALENT

EMPLOYEES VALUE RETIREMENT PROGRAMS THAT OFFER EDUCATIONAL SUPPORT, FEE TRANSPARENCY, ATTRACTIVE INVESTMENT OPTIONS, IN ADDITION TO TAX AND ACCUMULATION BENEFITS. LET US HELP YOU DEVELOP YOUR COMPANY’S RETIREMENT PLAN STRATEGY.

FINANCIAL WELLNESS

IN ADDITION TO STRATEGIC CONSULTING FOR OWNERS AND SPONSOR ADMINISTRATORS, WE PROVIDE GROUP AND 1-ON-1 EDUCATION TO HELP EMPLOYEES UNDERSTAND AND DEVELOP THEIR OWN RETIREMENT STRATEGY.

SIMPLICITY

KFG’S LEADERSHIP HAS SPECIALIZED IN CORPORATE RETIREMENT PLANS. WE HAVE THE EXPERIENCE AND RESOURCES WHICH ALLOWS YOU TO SIMPLIFY YOUR ADMINISTRATIVE DECISIONS. MAKE YOUR RETIREMENT PLAN MANAGEMENT MORE EFFICIENT BY PARTNERING WITH THE RIGHT EXPERTS.

Company Retirement Plan Consulting Services

Investment Review:
- As a 3(21) Co-Investment Fiduciary, Koenig Financial Group will help provide the employer and plan fiduciaries with investment recommendation and investment monitoring to provide the essential resources necessary to make prudent decisions
- As a 3(38) Investment Fiduciary, Koenig Financial Group will be the plan fiduciary responsible for implementing, monitoring, and managing the investment lineup offered to employees
- Investment Policy Statement Monitoring, & Guidance

Plan Fee Benchmarking
- Investment Fee Benchmarking
- Recordkeeper & Administrator Fee Benchmarking
- Third-Party Administrator (TPA) Fee Benchmarking
- Advisor Fee Benchmarking

Provider Fee Benchmarking and RFP services
- Negotiate Provider Fees, Structure, and Services

Vendor Management & Oversight
- Support employer plan administrators and sponsor fiduciaries with vendor management and oversight
- Oversight, Benchmarking, and Plan Design guidance

Plan Governance
- Creation of and Support to the Investment Plan Committee
- Development and Maintenance of Investment Policy Statement
- Fiduciary Education to Plan Sponsors and Committee Members
- Training and best practices for new Plan Administrators and Plan Fiduciaries
- Actively monitoring regulatory changes and developments on the company’s behalf

Employee Education – Group Meetings and/or 1-on-1
- Structured and timely education for individuals and groups according to company requirements

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Check the background of this investment professional on:

Securities and Advisory services offered through Harbour Investments, Inc., Member FINRA/SIPC. Koenig Financial Group AND HARBOUR Investments, Inc. are separate companies. Securities Licensed in (AZ, CA, CO, FL, GA, HI, ID, MA, MI, MO, NV, NH, NY, OH, OK, OR, PA, TN, TX, UT, WA, WI)