401k Advising

Comprehensive review of current plan (or issue new plan)
A review of the plan design is especially important because plan design provisions can make a big difference in whether your plan maximizes the benefits available.
These provisions address matching contribution formulas, cross-tested profit-sharing allocations, qualification and eligibility issues, and merger and acquisition situations.
J.S. Tucker will work closely with the provider’s administration experts to ensure that all available aspects of plan design are considered.

Benchmark the fees, services, and participation metrics of your plan against similar plans using industry-leading research
This service satisfies the fiduciary obligations under both ERISA and the new 408(b)(2) fee disclosure rules
Make recommendations for any changes to your plan to reduce costs and improve service for your participants

As a plan sponsor, you can minimize your fiduciary liability by implementing an Investment Policy Statement (IPS).
An IPS outlines a detailed, prudent plan of action for the plan’s investment managers and advisors to follow. It describes the plan’s investment philosophy, risk tolerance and long-term goals to help guide all decisions made regarding the plan.
Because the IPS is in writing, it helps prevent misunderstandings between you and the plan’s advisors.

We believe that coordinating enrollment meetings and providing ongoing investment education for participants regarding plan options
is a valuable part of our service.
J.S. Tucker will be available to your employees by phone and in person for individual consultation. If enrollment and/or education teams from the provider
are necessary due to multiple company locations, we will coordinate those efforts.
We provide supplemental educational materials if desired.

Review your plan’s operational metrics such as participation levels, deferral percentages, loans, nondiscrimination testing, enrollment, and communication services.
We also prepare performance analysis of investments utilized by the plan versus benchmarks and/or peer groups; monitor funds selected by the plan sponsor for style drift and correlation with fund investment objectives stated in the IPS; and provide regulatory and compliance updates.

Defined Contribution Plans
 401(k) Plans
 Automatic Enrollment 401(k) Plans
 Safe Harbor 401(k) Plans
Profit-Sharing Plans (PSPs)
New Comparability Profit Sharing Plans (PSPs)
Defined Benefit Plans
Traditional Defined Benefit Plans
Cash Balance Plans
Overfunded Defined Benefit Plans
Employee Stock Ownership Plans (ESOP)