Trilogy Advisors often team up with Advisors Pension Consulting Group (APCG*) to evaluate the retirement plan options that are available to you. Our team is committed to assisting you in developing a plan that will help you both meet your fiduciary responsibilities and provide the retirement plan options and solutions your employees deserve and will appreciate.
As you read the literature on recruiting and retaining high quality employees, you find another three Rs that are central to those critical tasks: Respect, Recognition and Rewards. An effective and well-designed qualified plan is a key benefit that supports and enhances recognizing, rewarding and demonstrating respect for all employees. It can also be a critical component for owners and key executives to accomplish their own retirement goals. APCG* works with your Trilogy Advisors and any other of your consultants and partners to establish or improve the qualified plan that is suitable for you. Your work with APCG* starts simply by describing your company goals and your retirement goals to your Trilogy Advisor. APCG* and Trilogy will then assist you and all of your advisors in surveying the retirement plans marketplace and then help you understand the opportunities that the marketplace offers you and those that make the most sense.
APCG* assists in evaluating both the plan design alternatives that are available and appropriate and then the platforms that you can use to implement the features you have selected. In their work with you, APCG* focuses on those issues that you have identified as most important. The next step is then designing a plan that helps you fulfill your fiduciary responsibilities.
Together with your Trilogy Advisor APCG* designs the online or hard copy materials that support the employee education your team members will applaud. APCG* will also help you implement an administration compliance plan that is cost effective and that makes sense. Investment options that are both comprehensive, cost effective and meet the demands of your employees are another area where APCG* will lend its expertise and assistance. This can be one of the most significant opportunities to control plan costs. A 401k that costs an extra 1% may not seem to be too significant … but thinking of 1% as a trivial cost would be a mistake – particularly in evaluating a long-term investment vehicle like a retirement plan. Look at the hypothetical example of $10,000 invested over 30 years that earns 8.5%, versus 9.5%, the difference at the end of those 30 years ia approximately $115,000 and $152,000 in pre-tax dollars. That is the kind of difference that APCG* and your Advisor always have in mind.
At the end of the day, APCG* and Trilogy are not just committed to assisting you in developing the qualified plan that makes the most sense in terms of all its features and alternatives … they are also committed to assisting with your ongoing compliance review responsibilities. Your ongoing work with your Trilogy Advisor will continually bring you any and all of the improvements that the retirement plans marketplace offers you. Those ongoing changes with both the marketplace and your company may have a significant impact on:
Trilogy has worked with APCG and other partners to develop a sponsor driven and participant focused 401k platform. The Forward 401k is cost competitive, customizable and transparent and offers online access and tools. It may be the right platform for you.
*APCG is separate and not related to Trilogy Financial Services and NPC