The Segrust Group proactively helps companies optimize and manage their retirement plans to get maximum participation and run smoothly.
As 401(k) plan specialists, we focus on presenting the most suitable investment options, helping you manage necessary changes in your retirement program, and providing ongoing participant education regarding investment strategies towards maximizing participation.
What We Do
Plan Design Guidance
Your retirement plan is unique to your needs. There is much more to setting a plan in motion than just picking a few funds and creating a diverse portfolio. Let us present a variety of investment options to you, help you make a smooth transition from one plan to the next, and intermediate issues that arise under the administration of your 401(k).
Plan Management Support
We pitch in to help you with all of the heavy lifting, from assisting in managing your plan to keeping you compliant. Our valuable experience is in helping you get the results you want, without getting bogged down in complex rules and regulations. Once your plan is implemented, we monitor it regularly to help make sure it keeps in stride with your goals and objectives over time. Now you’re free to focus on your business.
Plan Participation
A key component of a successful retirement plan is employee participation. We train your employees on the benefits of retirement planning to pursuing their goals and educate them in how to maximize their participation in your specific plan.
Why that Matters
Having the Segrust Group help design, manage, and promote your retirement plan provides the following benefits:
- Robust, time-tested processes
- Delegated investment fiduciary plan requirements, allowing you to focus on your business
- Increased confidence in the plan’s objectives, processes, and compliance
- Educational and financial planning services provided by an independent registered investment advisor*
- Greater focus on employee satisfaction and participation
*Financial planning services are provided pursuant to a separate advisory agreement and include an additional fee.
Our Process
We realize that increased global competition, rapid technology changes, and cumbersome government regulations have made keeping your investment strategy on track challenging for even the most well-informed investor. However, it is critical to the success of your personal investments and business 401(k) plans that you remain well-versed in today’s rapidly changing market.
Let the Segrust Group work for you. We have remastered the Retirement Plan Solution into a comprehensive, evolutionary six-step process that’s built around three principles – simplicity, focus and balance.
- Simplicity – We help you do the work.
- Focus – Results, not procedures.
- Balance – Minimizing costs, creating exceptional value.
There is more to building a stronger retirement plan for your company that just setting it up and submitting the required paperwork. Achieving the investment line up you seek is also vital to the success of your plan. Your plan participants will also be looking to maximize the benefits of their investment. We will meet with you and your participants, discuss options, and offer ongoing communications as we evaluate the 401(k) investment performance and suggest ways to improve plan performance and participation.
Our 6-Step Retirement Plan Process aims to ensure that your employee retirement plan is custom designed to meet your needs, runs smoothly and cost effectively with no compliance issues and hidden fees, and provides a competitive advantage to help you recruit and retain talent.
Step 1 – Retirement Plan Evaluator™
Our easy-to-use tool provides an evaluation of your company’s retirement plan objectives and concerns, as well as an analysis of other plan solutions
Step 2 – The Retirement Plan Optimizer™
We’ll conduct a feasibility study to maximize the tax benefits of your retirement program for both your company and your employees.
Step 3 – The Fiduciary Shield™
Meeting your fiduciary responsibilities can be a complex process. We help manage the risk by helping develop a formal investment policy statement and establishing clear criteria for selecting and monitoring investment managers.
Stage 4 – The RFP Manager™
Should you need a new plan or new plan provider, we’ll walk you through the RFP process, help you manage the flow of information, analyze and review proposals, and guide you to make an informed and knowledgeable decision.
Stage 5 – The Edu-tainment Experience™
We help manage every step of the implementation of your retirement program. We help enroll your employees and educate them on the benefits of the program, throughout the year.
Step 6 – The Wealthcare Monitor™
We’ll manage the health and welfare of your retirement plan over its lifetime, advising you on regulatory changes, program enhancements, and investments due diligence.
Want to talk about how we can help your company build a stronger employee retirement plan? Give us a call for a complimentary consultation at 847- 468-0439.