Retirement Plan Consulting

Experience in Defined Contribution and Defined Benefit Plans

Unlike other advisory firms who may only service a few 401(k) plans, HB Retirement focuses exclusively on the retirement plan market. Having a dedicated focus allows us to deliver the experience and service your organization and plan participants deserve. Whether a small business, local non-profit, large corporation, or a university, we deliver the experience and service your organization and plan participants deserve. 

Retirement plans are not one-size-fits-all and their design will depend on the size of your organization, the business you are in, and the risk profile of your participants. Our goal is to find the ideal retirement plan that is aligned with your organization’s specific targets – we take the time to understand your needs and the objectives you have for your plan.

We can help you address corporate liability related to your organization’s retirement plan, as well as keep you up to date on regulatory changes that are so critical to your fiduciary duties. Our assistance with plan design seeks to help you contain costs and manage your retirement plan effectively and efficiently.

A Plan Designed to Work for Your Company and Your Employees

Our clients appreciate our ability to help them design and implement a competitive retirement plan for their employees. In the current retirement plan landscape, you need exceptional guidance from independent professionals in the field who are focused on your best interests.

Our full menu of retirement plan services includes:

PLAN SPONSOR SOLUTIONS

• Assist plan sponsor with fiduciary requirements
• Assist Retirement Plan Committee with preparing an Investment Policy Statement (IPS)
• Create and maintain a due diligence file
• Benchmark fees and provide vendor analysis
• Measure the success of the plan
• Design and implement Executive Compensation Plans

INVESTMENT SERVICES

• Accept role of ERISA 3(21) Investment Fiduciary for clients
• Objectively select investment options and plan providers
• Assist with Qualified Default Investment Alternative (QDIA)
• Advise on changes in investment options
• Deliver performance reporting

PARTICIPANT SOLUTIONS

• Design employee education and communication program
• Create plan/policy for retirement education and plan enrollment
• Help participants convert retirement savings into retirement income
• Consult with plan participants in person, both in group settings and individually
• Assist employees with questions/concerns with plan accounts