Connect with an advisor

There are many benefits to collaboratively working with a team of stakeholders on a 401(k). However, business bankers can be a missing element and not always at the forefront for business leaders. They often have an ability to contribute in meaningful ways through:

Personalized financial advice
In-person consultative meetings
Compliant fiduciary responsibility for recommendations
Experts dedicated solely to 401(k)s

If you have a 401(k) plan in place, consider reaching out to current banking partners to assess their capabilities and if additional help is needed, consider reaching out to other professionals to find an expert willing to sit down and look at the details. Fully understanding the current plans, including the fees you and your employees are paying, can help identify opportunities for improvement beneficial to current employees and prospective job candidates.

Check the background of this investment professional on FINRA's BrokerCheck

Located at: 1200 Trinity Drive Los Alamos NM 87544 – 505-661-2298

Instant Insights /

How SMBs can build 401(k) plans promoting recruitment, retention

More From HR Executive

Related Stories

Recommended For You