CORPORATE RETIREMENT PLANS
Objective Guidance
Employers play a dual role in their company-sponsored retirement plan—no matter how many (or how few) participants they have. Because they are both plan sponsor and plan fiduciary, they have many duties and they face many types of risks. Communicating with participants about the plan and its fees Plan sponsors need help from a qualified retirement specialist they can trust. Until now, small plans have not had access to the level of service large plan sponsors take for granted. They need an advisor whose tools and resources will help them understand the burden of fiduciary responsibility.
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HELP EASE YOUR FIDUCIARY CONCERNS
3(38) Investment Fiduciary Service
LPL Financial will serve as the ERISA Section 3(38) investment manager and share fiduciary responsibility for the plan’s investments, helping address your investment fiduciary responsibility and legal liability under ERISA. LPL will act with discretionary authority over plan investment selection and monitoring, accept ERISA 3(38) fiduciary responsibility for investment related decisions and assist with the preparation of Investment Policy Statements (IPS)
BUILD CONFIDENCE: FOR YOU AND YOUR EMPLOYEES
Small Market Solution Record Keeper Features
As a plan sponsor and fiduciary, you need to know your plan’s investments are being properly monitored and maintained. Your employees need tools and resources to help them effectively work toward their retirement goals. The Small Market Solution gives the help you both need. Because LPL partners with quality recordkeeping administrators, plans can get comprehensive programs that offer competitive pricing, client-centric standard service models and robust program design and service capabilities.
HELP YOUR EMPLOYEES FEEL BETTER PREPARED FOR RETIREMENT
Worksite Financial Solutions
As part of the Small Market Solutions program, your plan has the option to enroll in Worksite Financial Solutions, a guidance-based, beginning-to-end retirement solution designed to help employees create confidence in their financial lives. Employees can access tools and resources designed to help simplify retirement planning, as well as on-going support from the Retirement Results Team—a powerful combination that can help them pursue their retirement goals.
*Worksite Financial Solutions is a program exclusive to LPL Financial and its advisor partners.
WE KNOW 401(K) AND
IRA DISTRIBUTIONS
Almost all of us will change employers at some point in our career. Fully understanding the options you have with your 401(k) plan balance can be challenging. We will help you understand your options so you can be confident in your decision. Generally you have four choices.