{"id":1068,"date":"2022-01-10T09:41:36","date_gmt":"2022-01-10T13:41:36","guid":{"rendered":"https:\/\/www.sblueip.com\/?page_id=1068"},"modified":"2022-03-18T08:58:53","modified_gmt":"2022-03-18T12:58:53","slug":"401k-pension-services-for-business-owners","status":"publish","type":"page","link":"https:\/\/www.sblueip.com\/insights-to-mastering-wealth\/401k-pension-services-for-business-owners\/","title":{"rendered":"401k &#038; Pension Services for Business Owners"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1068\" class=\"elementor elementor-1068\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8549e94 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8549e94\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-13663c7\" data-id=\"13663c7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e9fef6f elementor-widget elementor-widget-text-editor\" data-id=\"e9fef6f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>1.\u00a0 As a business owner or executive, you recognize the importance of periodically reviewing your processes and procedures to assure you are working at maximum efficiency and growth.\u00a0 In the pension world it is equally important to test your 401(k) and pension plans against current ERISA requirements.\u00a0<\/p><p>This may be the year to have Sapphire Blue Investment Partners do a complete review of your current plan documents, summary plan descriptions and to assure that you have the appropriate restatements that are required. It&#8217;s simple, confidential and complementary. Our experts in pension administration frequently find missing links that could put you at risk of fines and even legal issues. Why take the chance?<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-defd82a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"defd82a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4951563\" data-id=\"4951563\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6791bbe elementor-widget elementor-widget-text-editor\" data-id=\"6791bbe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>2.\u00a0 A proper and well executed pension plan offering can be the glue that keeps your best employees working for your company and not being lured away to the competition.\u00a0 At Sapphire Blue Investment Partners we frequently find missing pieces in corporate plans. ERISA, is becoming more complex and highly regulated. As an owner of a company it&#8217;s important you beware the following:<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1680ea7 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"1680ea7\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><strong><i>Fiduciary responsibility and liability:<\/strong><\/i>  As a business owner or executive you are potentially taking on a significant amount of legal risk when it comes to the plans that you offer your employees. You can defer a portion of that risk by engaging the services of what's called a 338 fiduciary.  Ask us how to reduce your liability!<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><strong><i>The Right Plan:<\/strong><\/i>  As a business owner you should be spending your time running your company.  At Sapphire Blue Investment Partners we have an extensive amount of experience in guiding corporate America through the world of pension options that may be available to them. Let us review your plan to assure your poised to receive maximum contributions, maximum tax benefits, and minimum costs.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><strong><i>Third-Party Administrator:<\/strong><\/i>   A qualified third-party administrator (TPA) can be one of your best allies in efficiently operating your plans and we have them at our disposal. With an ever-changing regulatory environment it's imperative to have a qualified TPA to guide you through the regulations.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><strong><i>Costs 401(k) plans:<\/strong><\/i>  401k plans are often laden with hidden and excessive costs. While we will never believe cheapest is best, we do aspire to offer the highest value to our clients. Are your employees participating?  Do they understand the importance and how to invest the funds they are contributing? Do they have access to training and staff that can assist and guide them through the complicated world of managing their 401k? Our 401(k) plan participants have access to our partners who specialize in home purchases, educational planning, estate planning, mortgages and many additional items in our 401(k)-participant online library. <\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><strong><i>Access to Retirement by Design:<\/strong><\/i>The newest in our 401(k)-plan ecosystem line up. Your employees can now have a private money manager allocate, rebalance, and manage your employees 401(k) plans, even if we are not the advisor of record on your plan.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\"><strong><i>Privately managed 401(k) accounts:<\/strong><\/i>  Employees with the interest and knowledge can have their 401(k) actively managed with our advisor directed personal choice retirement account (PCRA).  We have the technology to offer your employees access to thousands of additional investment choices including a large selection of no-load and no transaction fee funds, ETF's, Unit Investment Trusts and of course individual stocks and bonds available in an advisor directed offering. This is a fee-only account that is free from trading commissions.<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>1.\u00a0 As a business owner or executive, you recognize the importance of periodically reviewing your processes and procedures to assure you are working at maximum efficiency and growth.\u00a0 In the pension world it is equally important to test your 401(k) and pension plans against current ERISA requirements.\u00a0 This may be the year to have Sapphire [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":1204,"parent":893,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"post_statement":"","post_description":"","post_cta":"","post_button":"Read More","post_button_url":"","compliance_id":"","post_disclaimer":"","footnotes":""},"oi_page_folder":[],"_links":{"self":[{"href":"https:\/\/www.sblueip.com\/wp-json\/wp\/v2\/pages\/1068"}],"collection":[{"href":"https:\/\/www.sblueip.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.sblueip.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.sblueip.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sblueip.com\/wp-json\/wp\/v2\/comments?post=1068"}],"version-history":[{"count":17,"href":"https:\/\/www.sblueip.com\/wp-json\/wp\/v2\/pages\/1068\/revisions"}],"predecessor-version":[{"id":1471,"href":"https:\/\/www.sblueip.com\/wp-json\/wp\/v2\/pages\/1068\/revisions\/1471"}],"up":[{"embeddable":true,"href":"https:\/\/www.sblueip.com\/wp-json\/wp\/v2\/pages\/893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sblueip.com\/wp-json\/wp\/v2\/media\/1204"}],"wp:attachment":[{"href":"https:\/\/www.sblueip.com\/wp-json\/wp\/v2\/media?parent=1068"}],"wp:term":[{"taxonomy":"oi_page_folder","embeddable":true,"href":"https:\/\/www.sblueip.com\/wp-json\/wp\/v2\/oi_page_folder?post=1068"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}