Transitioning a plan
Upgrading to a different retirement plan can be overwhelming. Our team is here to guide you through the process seamlessly.
Connect with usWhat made sense at four people is different at fifty.
A lot of the plans we take on were designed correctly and then the business changed around them. If you have had the same plan for five or ten years and you are not sure what questions to ask any more, that is exactly the conversation to have.
- 01
Review what you have
Plan document, adoption agreement, amendments, the last three years of testing and filings. We read it before we recommend anything.
- 02
Find what is not working
Most plans that need moving have a design that stopped matching the business. Headcount grew, the org chart shifted, or the owners' goals changed.
- 03
Choose the destination
New recordkeeper if the platform is the problem, same recordkeeper if it is not. We will say which, plainly.
- 04
Coordinate the asset transfer
Blackout notices, the timing of the freeze, and making sure nothing falls between the old provider and the new one.
- 05
Communicate with employees
Participants notice a transition. Getting the notices and the timing right is most of what makes it feel smooth.
- 06
Stay compliant throughout
The plan does not get a holiday from IRS and Department of Labor rules while it moves. Testing and filings continue on schedule.
A dedicated team focused on you and your employees.
Tell us your goals and we will design the plan that gets you there. Call (858) 257-3555.