How We Help Your Team
Investing in your team. One 401(k) at a Time.
Better Employee Retention
When employees feel more empowered about reaching their retirement plan goals, they are less likely to seek success with these goals elsewhere.
Educating employees about their 401k is more than an investment in their retirement, it’s an investment in them.
Providing beneficial 401k options for employees is a top priority of many organizations. But do your employees fully understand the benefit? Do they read and comprehend any literature you or your 401k provider give to them? Are they taking advantage of all they can?
There is no question of the benefits of investing in your employees. From retention to gratitude, the more investment an employer puts in, the more employees put out. When you work with 401k Educate, you invest in your employees. You invest in their long-term well-being and in their short-term peace of mind. Additionally, you help ensure that the 401k benefit package you invested in is maximized and nothing goes to waste.
Increased Investment Returns
On average, a professional money manager can help an investment make an additional 3% annual return by minimizing poor decision-making during market fluctuations. This provides investors (i.e. employees) higher levels of confidence during those market fluctuations.
Minimal Company Investment
401k Educate provides complimentary programs for employers and only requests reimbursement for travel costs. Minimal monies in. Maximum employee investment out. To understand more about how 401k Educate makes money, please see Our Process.
Turnkey Solution
Once a program(s) is decided upon, we work with you to set up program times for your company. All the information needed to communicate with employees about the program is provided by 401k Educate.
Frequently Asked Questions (FAQs) for Organizations
Is this a replacement for our current 401(k) plan?
No. 401k Educate builds upon your current retirement plan by providing professional money manager options that your employees can choose from. All you need is a 401(k) plan that allows self-directed brokerage accounts (SDBAs) providing the ability for third-parties to trade on your employee’s behalf.
What if our plan does not offer a self-directed brokerage account (SDBA)?
Self-direct brokerage accounts, or SDBAs, are features easily added to any 401(k) plan with minimal costs, most of which can be absorbed solely by employees that wish to participate in this benefit. This feature can generally be added at any time of the year not requiring any open enroll periods restrictions.
Does 401k Educate charge anything to provide this service?
No. Our on-site educational workshops are complimentary, and we provide each employ the resources to better manage their own retirement plans. Additionally, we provide an option to assist your employees with their retirement planning as a fiduciary. Like any advisor, we then gain our compensation in the form of advisory fees within their retirement plan savings. No fees will ever be paid directly to 401k Educate by your company or your employees.
Will this interfere in any way with our current 401(k) provider?
No. The services we provide only builds upon your current 401(k) plan. Employees will have the ability to better plan for their retirement goals through their 401(k)s by taking advantage of our professional money management services and/or find better diversification with a self-directed brokerage option available to them.
Why do we need 401k Educate?
To maximize your investment. As an organization, you put time and effort into choosing and setting up your 401(k) retirement plan in hopes that your employees would get the most benefit out of it. 401k Educate works with your employees to educate them on how to do this ensuring you maximize the retirement benefit you worked so hard to set up.
How do I know if we would benefit from this?
Have you ever had an employee mention they have no idea what to do when it comes to their 401(k) investments? Are they not getting regular specific instructions from your current 401(k) provider? Would you like to provide a no-cost, highly-valued investment for your employees? If the answer is “yes” to any of these, then let us start the conversation and see how we can help you!
