Reduce Fiduciary Liability

More than ever, Plan Sponsors are engaging Retirement Plan advisors to start and/or manage their retirement plans. As the scrutiny over compliance continues to increase, so too does the inherent risk of going it alone. 

Click this Link to see my Article: Three Best Practices 401(k) Plan Sponsors Should Revisit Today.

Our Value Proposition

Carington Financial simplifies the complexity of retirement plans for business owners and public entities by customizing a plan using institutional-grade investments. Combined with recordkeeping and administration, we offer a complete retirement solution and support so you can focus on increasing productivity or growing your business.

• We offer institutional-quality investments for your employees and high-net-worth solutions for you.
• Our due diligence research and monitoring protects you from fiduciary responsibilities.
• We consult and customize a retirement plan that fits your needs, not one-size-fits-all.
• Our dedicated service provides high-touch support that’s rare in our industry.
• We can help you mitigate the fiduciary responsibilities of sponsoring a plan

Let's Have a Conversation 

Are you familiar with the fiduciary liabilities associated with you sponsoring a retirement plan for yourself and your employees?

Does your plan have a process and protection in place with 3(38), 3(21), or 3(16) fiduciary services?

How long have you been with your current provider? Is your current plan design meeting your needs and goals? Have you considered exploring other plan designs that could potentially maximize your deferrals?

What tools are available for participants to guide them through the plan and decision-making processes on saving, budgeting, investments, etc? Does your current advisor talk with your employees about savings and help them with financial challenges?

Does your investment lineup offer your participants a choice of risk-based/lifestyle and age-based/lifecycle investments?

How would you rate the level of service your plan receives from your advisor and service providers?

When was the last time you benchmarked your plan? It's important to ensure you're getting the best value for your costs. If it's been over 3 years, a current benchmark of your plan might be the most prudent place to start.