401(k) Advising for HR Professionals
Streamlined 401(k) Advising for HR Professionals
Managing 401(k) plans shouldn’t be complicated. Our expert 401(k) advising services make it easy for HR managers to deliver impactful retirement solutions that meet the needs of employees and your business.
Expert Retirement Plan Advising Built for HR Teams
We understand HR teams' challenges when managing 401(k) plans—balancing compliance, employee education, and administrative duties is no easy task. Our solutions were designed to simplify the process, empower employees, and support your business's financial health.
Here’s what you get with our services:
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Serve as a 3(21) Co-Fiduciary to the plan
Serve as a 3(38) Investment Manager to the Plan*
Investment Structure Evaluation and Ongoing Review
Fee Structure Evaluation and Ongoing Review
Establish Plan Investment Objectives
Participant Asset Allocation Models*
Investment Policy Statement Development and Management
Review and Analysis of Existing Managers / Mutual Funds
Target Date Fund / QDIA Suitability Review and Selection
Short-Term Cash Alternatives Review and Selection
Serve as a Fiduciary to Custom Asset Allocation Models*
Investment Manager / Mutual Fund Search and Selection
Investment Manager / Mutual Fund Monitoring & Due Diligence
Quarterly Performance Reporting and Review
Quarterly Meeting Summaries / Minutes to Document Committee Discussions and Actions
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Regulatory / Legislative Updates and Case Law Interpretation
Monthly Plan Sponsor Email/Newsletter
Quarterly Legal and Compliance Updates
Virtual Fiduciary File to Organize and Store Plan Documentation
Fiduciary Training and Education
Plan Design Analysis
Plan Governance Documents – Board Resolution, Fiduciary Acknowledgements and Committee Charter
ERISA Fiduciary Calendar and Plan Management Responsibilities Fiduciary Diagnostic™
Fiduciary Compliance Reviews to Document Completion of Plan Management Responsibilities
ERISA 404(c) and 404(a) Fiduciary Guidance
Regulatory / Legislative Updates and Case Law Interpretation
Monthly Plan Sponsor Email/Newsletter
Quarterly Legal and Compliance Updates
Virtual Fiduciary File to Organize and Store Plan Documentation
Fiduciary Training and Education
Plan Design Analysis
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Competitive Analysis of Provider Costs, Services, and Investments Against Other Bidding Providers
Comparisons of Fees and Revenues for Recordkeeping Services, Investment Management Related Services, Per per-item administrative Fees, and Transactional Fees
Cost Analysis Compares Provider Compensation, Investment Management Fees, and Total Plan Costs
Negotiation of Incumbent’s Fees and Revenues, Plan Lineup Changes, and Service Commitments
Assistance with Reviewing and Selecting an Appropriate Method for Allocating Plan Fees / Credits among Participants
Assistance with Selecting, Coordinating, and Reviewing Service Provider Finalist Presentations
Investment Analysis Compares Current and Proposed Investment Lineups Using Scorecard System™
Negotiation of Provider Compensation, Investment Changes, and Service Commitments included
Full Report Documents 408(b)(2) Compliance
Plan Design Analysis
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Annual Fee and Expense Analysis vs. Industry Averages
Annual Participant Demographics Review
Plan and Benefit Design Evaluations
Evaluation of Administrative, Recordkeeping, Compliance,Website/Statements, Investment Management, and EmployeeCommunications Services
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Retiree Financial Planning Seminars
Financial Wellness Program
One-on-One Education Meetings
Annual Participant Education Initiatives
Group Education Meetings
Monthly Participant Memos
What Others Are Saying
“Michael Sayre and CUI Wealth Management were very helpful to us when we transitioned our company’s 401k from a self-managed plan to a managed plan. Our situation was complicated, and Michael was there every step of the way to answer questions and provide guidance. There were a lot of moving parts, and Michael was able to guide me and gave me the confidence I needed to get everything completed correctly... it is a pleasure to work with him and his team at CUI Wealth Management, and we look forward to a long business relationship. “
— Kathy S.
"We have loved our continued support and guidance we’ve received from Michael and his team. Everyone we have worked with is knowledgeable and prompt to reply. We cannot recommend them enough,. Our employees also reach out with specific questions and they have full confidence in Michael’s trusted advice. Our Company’s 401k management could not be in better hands.”
— Nate F.
Why Consider Our 401(k) Advising Services?
1. Tailored Expertise
We don’t believe in one-size-fits-all. Our advisors work closely with your HR team to design 401(k) plans that meet the unique needs of your workforce while aligning with your business goals.
2. Intuitive Platform for HR Teams
Our user-friendly platform makes enrolling employees, managing contributions, and maintaining compliance effortless. Spend less time on administration and more time focusing on strategic HR initiatives.
3. Actionable Insights
Access analytics that provide insights into plan performance, employee participation, and engagement trends. Use these insights to optimize your 401(k) and drive better outcomes.
4. Seamless Compliance
Navigating the complexities of federal 401(k) regulations doesn’t have to be daunting. Our compliance support ensures your plans stay up-to-date and protected against common legal pitfalls.
5. Empowered Employees
Our customizable communication tools and detailed plan education empower employees to confidently take control of their financial futures. From personalized action plans to easy-to-understand resources, we help your team succeed.
How It Works
1. Discover Your Needs
Consult with our advisors to assess your business and workforce's specific needs.
2. Build Your Custom Plan
We design a 401(k) plan tailored to your organization, ensuring compliance and alignment with your goals.
3. Engage and Educate Employees
Roll out your customized plan with educational resources and workshops to increase engagement.
4. Track and Optimize
Use our advanced analytics to monitor plan performance, employee participation, and overall impact. Make data-driven improvements effortlessly.
Frequently Asked Questions
Can this platform support businesses of any size?
Yes! Whether you have 50 employees or 5,000, our services can scale to meet your needs.
What if I already have a 401(k) provider?
No problem. We’ll work with your current provider to streamline your plan and identify areas for improvement.
How do your communication tools help employees?
Our tools provide clear, personalized communications that educate employees on their options, helping them make informed decisions about their financial futures.
What’s the cost of your services?
Our pricing is competitive and tailored to your needs. Schedule a meeting to explore the best plan for your business.
How do we get started?
Request a free consultation, and our team will guide you through the onboarding process step by step.
Empower Your Team with Simplified 401(k) Management
Drive employee engagement, ensure compliance, and simplify the complexities of retirement planning with our dedicated 401(k) advising solution.