Our team of seasoned retirement plan professionals in Parsippany, New Jersey are passionate about delivering fully customized retirement plan solutions designed to achieve the objectives of plan sponsors. This includes minimizing fiduciary liability, optimizing plan designs for employees and advocating for participants to make retirement readiness a top priority.
We will act as a 3(21) fiduciary for your plan and provide customized recommendations. This includes Target Date Fund portfolios, ongoing performance reporting, and helping participants invest wisely through time-tested asset allocation strategies based on their financial situation.
Our structure allows you to maintain discretionary control and final decision-making authority for your plan and investments made available to participants.
Our team will help you develop easy-to-use online enrollment applications, as well as educational opportunities to increase employee participation and assist them in making informed savings and investment decisions.
Target date funds are mutual funds that periodically rebalance or modify the asset mix (stocks, bonds, and cash alternatives) of the fund’s portfolio and change the underlying fund investments with an increased emphasis on income and conservation of capital as they approach the target date. Different funds will have varying degrees of exposure to equities as they approach and pass the target date. As such, the fund’s objectives and investment strategies may change over time. The target date is the approximate date when investors plan to start withdrawing their money, such as retirement. The principal value of the funds is not guaranteed at any time, including at the target date. More complete information can be found in the prospectus for the fund.