One of our most recent success stories we would love to share comes from a fast-growing, local healthcare technology company. We were asked to consult with the group regarding their 401k, as they had not been working with an advisor. After review of the plan provisions, we uncovered that the plan’s definition of a highly compensated employee (HCE) was resulting in unnecessary refunds. We were able to correct this issue with a simple amendment to the plan document and help those employees save more for their retirement future!
What a huge impact a knowledgeable advisor can have on your 401k!
Similar results are not guaranteed and will be based on individual client situations.