Employer-Sponsored Retirement Plans

Bernath & Rosenberg has over 40 years of experience working with company retirement plans. Our process aims to efficiently and effectively help business owners maximize tax benefits, attract and retain employees, and comply with the fiduciary responsibilities associated with retirement plan management.

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Retirement Plans Process

As a business owner and retirement plan sponsor, you have taken on the responsibility of helping your employees achieve one of their greatest goals: saving for retirement. However carrying the weight of managing your company’s retirement plan is no easy task. As the sponsor, you are accountable for:

  • Investment Management
  • Fiduciary Guidance
  • Expense Management
  • Record Management
  • Legislative Changes
  • Plan Administration
  • Risk Management
  • Employee Education
To help you manage these tasks, you need an experienced partner who can save you time and design an attractive retirement plan for you and your employees.

Assess
The B&R Data-Gathering Process

Our discovery process allows us to identify your goals and objectives, as well as discuss any concerns you may have. Using both qualitative and quantitative data, the team at Bernath & Rosenberg will create a distinct picture of where you are, and help determine where you want to be. If you already have a plan in place, we will gather information about:

  • The cost structure of your current plan
  • The performance of your plan’s investments
  • Your employee participation rate
  • The management style of your plan’s investments
  • The types and frequency of communications from your current provider
  • Enrollment and educational services available to you and your employees
  • Plan design features you like and dislike
  • Your current process for managing your fiduciary responsibilities

Assemble
The B&R Rollout Process

Once we select your plan vendor, we will provide you with an implementation and communication strategy tailored to your company’s needs. The team at Bernath & Rosenberg will handle both the administrative and the strategic functions of the plan rollout so you can focus on running your business.

Analyze
The B&R Benchmarking Study

If you have a plan in place, Bernath & Rosenberg will analyze the data we gathered and perform a benchmark analysis against the features, benefits, and costs of other comparable offerings in the industry. Once complete, we will discuss our findings with you and determine the most appropriate path forward.

Acquaint
The B&R Employee Education Process

You can have the best retirement plan in the world, but it does you no good unless your employees know about it and participate in it. Bernath & Rosenberg will help your employees understand the benefits of the new plan by holding onsite meetings and through other means of ongoing communication. Our proactive approach is essential toward increasing plan participation.

Advise
The B&R Recommendation Process

At this stage, our retirement planning specialists will advise you on the most appropriate options for your company’s retirement plan. We will assist you through the entire process from submitting proposals, to interviewing and selecting potential plan vendors.

Administer
B&R’s Ongoing Plan Management

Once the plan rollout to your employees is complete, Bernath & Rosenberg will assist you with the ongoing administration of the plan, which includes helping you meet your ongoing fiduciary responsibilities. We will provide you with timely information on your plan, as well as periodic reviews to ensure your liability is managed appropriately.

Your Personal
Financial Board Room

Imagine walking into a boardroom where everyone is focused on one goal: your financial success. That’s what you’ll find at Bernath & Rosenberg. Our team of over 100 specialists in accounting, tax and wealth management is here to offer personalized advice and support designed specifically for your unique circumstances. That means our priority isn’t showcasing what we have—it’s delivering precisely what you need.

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