Retirement Plan Consulting for Employers & Plan Sponsors
401(k) & Retirement Plan Consulting in Sandy, Utah
Helping Employers Build Better Retirement Plans for Their Business and Their Employees
A well-designed retirement plan is more than an employee benefit—it’s a powerful tool for attracting talent, retaining employees, and helping your workforce prepare for retirement.
As a business owner or plan sponsor, you’re also responsible for making important fiduciary decisions, monitoring investments, evaluating service providers, and maintaining a retirement plan that serves the best interests of your participants.
Based in Sandy, Utah, we provide retirement plan consulting and fiduciary guidance for employers throughout Utah and the western United States. Whether you’re establishing your first retirement plan or evaluating an existing one, we help simplify the complexities of retirement plan management while supporting your organization’s long-term success.
Comprehensive Retirement Plan Consulting Services
Plan Consulting Services
Retirement plans require more than selecting investment options. Successful plans combine thoughtful design, prudent oversight, employee education, and ongoing governance.
Our retirement plan consulting services include:
- 401(k) Plan Consulting
- Retirement Plan Design
- Fiduciary Guidance
- Investment Menu Oversight
- Fee Benchmarking
- Vendor Evaluation
- Retirement Plan Committee Support
- Employee Education
- Plan Governance Best Practices
- Ongoing Investment Monitoring
Our goal is to help employers provide competitive retirement benefits while establishing a prudent process for plan oversight and fiduciary decision-making.
401(k) Plan Design & Consulting
Every organization has different goals, budgets, and workforce demographics. We help employers evaluate retirement plan features that support both business objectives and employee participation.
Areas of focus include:
- Employer matching strategies
- Safe Harbor Provisions
- Profit-sharing options
- Automatic enrollment
- Automatic escalation
- Roth contribution options
- Eligibility requirements
- Vesting Schedules
Thoughtful plan design can improve employee engagement while helping employers meet their retirement benefit objectives.
Fiduciary Guidance for Plan Sponsors
Serving as a retirement plan fiduciary carries important responsibilities. We help employers establish a documented process for making informed decisions regarding their retirement plans.
Our guidance includes:
- Fiduciary education
- Investment review processes
- Committee governance
- Documentation best practices
- Service provider evaluations
- Investment Policy Statement (IPS) support
- Ongoing plan monitoring
A prudent fiduciary process can help demonstrate that decisions are made in the best interests of plan participants.
Investment Monitoring & Oversight
Selecting investments is only the beginning. Ongoing monitoring seeks to ensure your retirement plan continues to meet its objectives as markets, participant needs, and investment options evolve.
Our process includes reviewing:
- Investment performance
- Risk characteristics
- Expense ratios
- Manager changes
- Asset class diversification
- Participant untilization
- Investment lineup consistency
We provide regular reporting and recommendations designed with a goal to support informed fiduciary decisions.
Vendor & Fee Benchmarking
Retirement plans rely on multiple service providers, including recordkeepers, third-party administrators (TPAs), custodians, and investment managers.
We help employers evaluate:
- Service quality
- Administrative capabilities
- Participant experience
- Technology platforms
- Investment resources
- Plan costs
- Fee reasonableness
Periodic benchmarking helps seeks to ensure your retirement plan remains competitive and cost-effective.
Employee Retirement Education
Even the best retirement plan only succeeds when employees understand how to use it. We provide educational resources designed to improve participant engagement and financial confidence.
Topics may include:
- Understanding your 401(k)
- Saving for retirement
- Investment basics
- Asset allocation
- Retirement income planning
- Financial wellness
- Preparing for retirement
Educated participants are often better equipped to make informed financial decisions throughout their careers.
Retirement Plans We Support
We work with a variety of employer-sponsored retirement
plans, including:
- Traditional 401(k) Plans
- Safe Harbor 401(k) Plans
- Profit Sharing Plans
- SIMPLE IRA Plans
- SEP IRA Plans
- 403(b) Plans
- Defined Benefit Plans
- Cash Balance Plans
- Employee Stock Ownership Plan (ESOP)
- Nonqualified Deferred Compensation Plans
Whether your organization has ten employees or several hundred, we can help evaluate strategies appropriate for your retirement plan.
Who We Serve
Our retirement plan consulting services are designed for:
- Small and mid-sized businesses
- Professional practices
- Family-owned businesses
- Medical and dental practices
- Manufacturing companies
- Construction firms
- Nonprofit organizations
- Corporate retirement plan committess
- Business owners establishing a retirement plan
We proudly serve employers across Utah and the western United States, providing both in-person and virtual consulting.
Our Retirement Plan Consulting Process
Discover
We begin by understanding your business, workforce, and retirement plan objectives.
Evaluate
We review your current plan design, investments, fees, governance practices, fiduciary processes, and service providers.
Recommend
We develop practical recommendations designed to strengthen your retirement plan while supporting participant outcomes and fiduciary best practices.
Implement
Working alongside your recordkeeper, TPA, CPA, attorney, and payroll provider, we help implement recommended changes.
Monitor
Retirement plans require ongoing attention. We provide regular investment reviews, fiduciary support, committee meetings, benchmarking, and participant education to help keep your plan aligned with your goals.
Why Employers Choose Our Firm
Retirement plan consulting is about more than investments. It’s about helping employers fulfill their fiduciary responsibilities while providing retirement benefits that support employees and strengthen the organization.
Clients appreciate our:
- Personalized consulting
- Fiduciary-focused process
- Objective investment oversight
- Transparent communication
- Long-term relationships
- Employee education resources
- Collaborative approach with other professional advisors
Our office is located in Sandy, Utah, and we proudly serve employers and retirement plan sponsors throughout Utah and the western United States.
Related Financial Services
Retirement plan consulting often works best when coordinated with other financial services.
Employers and business owners may also benefit from:
- Business Retirement Planning – Develop long-term retirement strategies for business owners and key executives.
- Investment Management – Professionally managed investment solutions aligned with your organization’s objectives.
- Comprehensive Financial Planning – Personal financial planning for business owners, executives, and their families.
- Succession & Exit Planning – Coordinate retirement planning with future business transitions.
- Insurance & Risk Management – Evaluate strategies to help protect your business and employees.
Integrating these services can help create a more comprehensive financial strategy for both your business and your personal goals.
Frequently Asked Questions
What are a plan sponsor’s fiduciary responsibilities?
Plan sponsors are responsible for acting in the best interests of participants, monitoring investments, evaluating service providers, documenting important decisions, and maintaining prudent oversight of the retirement plan.
Can you help if we already have a 401(k) plan?
Yes. Many employers engage us to review an existing plan, benchmark fees, evaluate investments, improve fiduciary processes, or provide a second opinion regarding plan design and governance.
How often should a retirement plan be reviewed?
Most retirement plans should undergo formal reviews at least annually, with investment monitoring and fiduciary oversight occurring on a regular basis throughout the year.
Do you work with our existing service providers?
Absolutely. We regularly collaborate with recordkeepers, third-party administrators (TPAs), payroll companies, CPAs, ERISA attorneys, and other professionals to help coordinate retirement plan administration.
Can you provide employee education?
Yes. We offer group meetings, educational presentations, one-on-one consultations, and financial wellness resources designed to help employees better understand their retirement benefits and make informed financial decisions.
Do you work with employers outside Utah?
Yes. While our office is based in Sandy, Utah, we serve employers and retirement plan sponsors throughout the western United States through both in-person and virtual consulting.
Build a Retirement Plan That Supports Your Business and Your Employees
A well-managed retirement plan can help your organization attract talented employees, strengthen retention, and demonstrate your commitment to your workforce.
Whether you’re establishing a new retirement plan or looking to improve an existing one, we’re here to provide the guidance, fiduciary support, and ongoing consulting you need to move forward with confidence.
Schedule a consultation today to discuss your retirement plan goals and learn how our retirement plan consulting services can support your business.