Professional Investment Management for
Everyone in Your Company’s 401k Plan
We professionally manage all of the investments in your company’s 401k plan as a single, pooled portfolio, exclusively for your company’s 401k plan. Your plan assets are not comingled with other companies’ 401k plan assets.
Pooling 401k plan funds and having the investments professionally managed on a discretionary basis is not a new concept. In fact, it is simply returning to the management style exclusively used by 401k plans before the mutual fund industry introduced and promoted “individual, participant self-directed” 401k accounts.
While your company’s 401k plan investments are collectively managed, each plan participant receives statements of their individual 401k account value, their contributions, any employer contributions, and their net gain or loss in investment value. Your company plan administrator and/or investment committee receives identical individual participant and total plan statistics, and also has the ability to see, at anytime in real-time, the investments held in your plan’s pooled portfolio. Your employees are kept well informed, but totally relieved of their investing burden. Your company is kept well informed and, more importantly, is substantially relieved of its 401k plan ERISA fiduciary investment duties to your employees.
Don’t Fall Into This Fiduciary Trap
Do you believe that your company, as plan sponsor, is currently absolved of its ERISA fiduciary investment liability because each plan participant (employee) is responsible for investing their own 401k account by selecting from a menu of mutual funds and ETFs? Unfortunately, this is a misconception. Your company, as plan sponsor, still has fiduciary investment liability. Your liability solution: Your fiduciary investment liability, as a plan sponsor, can be transferred to an ERISA 3(38)Registered Investment Advisor, such as Deane Retirement Strategies, who discretionarily manages your plan’s pooled investments.
Our approach to managing your company’s 401k plan investments is unique, results-driven, cost effective, easily administered, and greatly reduces your company’s fiduciary investment liability. It is quite different from the participant, self-directed, mutual fund 401k plan you are currently using. Unlike most other financial advisors, we do not use mutual funds, annuities, or insurance products in our 401k plan portfolios. Our professionally managed 401k portfolio investments consist of individual high-quality stocks and bonds, and ETFs of the same high-quality.
What if ?
What if one or more of your plan participants doesn’t want their 401k plan investments professionally managed by Deane Retirement Strategies… they want to continue to self-manage their 401k investments? Can the rest of your participants’ 401k investments still be pooled and professionally managed by Deane Retirement Strategies? Yes, your company may elect to allow a plan participant(s) to self-manage their 401k plan investments, while all other plan participants reap the benefits of professional 401k investment management by Deane Retirement Strategies.
Everyone in your company can have their 401k plan investments cost-effectively, professionally managed by Deane Retirement Strategies. What a unique Employee Benefit your company can offer to reward loyalty and hard work and to attract new talent!