Retirement Plan Services

Retirement Plan Services

Plan Sponsors

Strategic Financial Group, LLC provides objective assistance to retirement plan sponsors with the design, implementation and monitoring of a reliable documentation process based on prudent oversight and due diligence. Our qualified professionals improve the effectiveness of the retirement plan for owners, managers and other employees, and manage the employer’s liability.

Advantages:

  • Comprehensive fiduciary review process - employer receives from SFG all plan documentation that it is required to have.
  • SFG serves as "co-fiduciary" with the employer.
  • SFG provides a custom website, with employer's customized branding, that serves as a timely, efficient, comprehensive and interactive resource for employee participants and the employer's HR department.
Plan Participants

We work with all participants to help guide their long-term investment goals, including the definition of investment time-horizon and goals, tolerance for risk and general diversification standards. Equipped with professional guidance, employee participants confidently embrace the importance of consistently saving during their employment to achieve their version of financial success during retirement.

Advantages:

Year after year, we work directly with participants on an individualized basis and take the time, in a setting that is conducive to elicit frank discussions, to help them understand market movement and the decisions that produce good outcomes.

  • Employee education - this point is the most important.
  • Low cost diversified portfolio strategies.
  • Unbiased investment advice.
Participant Education

We counsel employees on strategies for successful retirement plan outcomes. Here are some examples:

  • Efficient market hypothesis is paramount for long-term savings success.
  • Accumulate a mixture of stocks and bonds.
  • Implement a patient approach that utilizes dollar cost averaging.
  • Minimize decisions based on short-term market fluctuations.
  • Embrace negative market periods as times of opportunity.
  • Understand the power of "Compounded Earnings."
  • "Compounded Decision Making" - most expensive education materials and fancy retirement calculators focus on long-term goals, but employee participants want to know what do this week, this month, this year and next year with their 401(k) and other financial challenges.
  • Realize the cost and benefits of the "1% per year" concept.
  • Identify other financial decisions and programs that will increase savings.
  • Take responsibility for retirement.
  • Make a personal commitment to save and do not expect savings to be based on the employer's plan.
  • Keep in mind that most important financial decisions are made at times of major life changes.