Setting up a company-sponsored 401(k) plan can give an employer an advantage in a competitive job market and benefit employees. We have developed this guide to help you learn how to set up a retirement plan for employees.
How to Start a 401(k) for Employees
Our corporate retirement services at SD Mayer, through SDM Advisors, were established to support senior management through the design, maintenance and implementation of your organization’s retirement plan. Our goal is to ensure your plan is compliant with the Employee Retirement Income Security Act (ERISA) fiduciary standards. Additionally, we know how essential it is for employees to prepare for retirement, and develop custom education programs that are based on your organization’s unique characteristics.
Retirement plans are a necessity for any business that cares about its employees and wants to remain competitive in the job market. Offering a 401(k) shows your employees you care about them and their futures. You need an expert to optimize your plan and ensure it can deliver the most significant benefits to your team. SD Mayer can help you get started today.
Commonly Asked Questions About How to Provide a 401(k) to Employees
Designing and carrying out a retirement plan for your business is a complicated and time-consuming process. You want to spend your time focusing on your company’s greatest needs, such as product development, management and leadership. While creating a retirement plan is critical to attracting and maintaining the best talent, you simply don’t have the time to initiate or administer a 401(k).
Get in touch
If you are considering setting up a 401(k) plan for your employees, you likely have several questions about the process, the costs and what this plan can offer your company and employees. Below we have included frequently asked questions we receive from business owners:
Growing Healthcare Technology Solution Provider Finds Success With SD Mayer’s Retirement Plan Solution
Armus, a technology solution provider focused on healthcare quality in Silicon Valley, sought assistance finding a retirement plan that better suited their growing company.
Frequently Asked Questions
Services SD Mayer Offers
By choosing SD Mayer to take over or create your retirement plan, you can enjoy many advantages:
The Benefits of Our Corporate 401(k) Retirement Plan Services
The first is the benefit of our experience. We have assisted many businesses just like yours with their retirement services. We understand the critical elements of success in such a transition, and we apply what we have learned to your company. We know that offering protection for your plan is equally crucial to maximizing your long-term outcomes.
Our knowledge informs our decisions and recommendations for your business. SD Mayer draws on all available resources to create plans you can trust and rely on. Just a few ways we look out for you include:
- Education: We help you and your employees understand how the money saved under our plan can grow.
- Third-party administration: You don’t have to worry about tending to your retirement plan internally.
- Compliance: We are versed in regulations and guidelines for retirement plans and can ensure yours meets every stipulation.
Administering your retirement plan should be at the bottom of your to-do list. You have more pressing matters that deserve your immediate attention. SD Mayer allows you to concentrate on those tasks while we look out for your team’s future financial health.
Why SD Mayer
At SD Mayer, we are transforming customer service in the accounting industry. We focus on utilizing technology and an innovative way of thinking in each of our client interactions. We are the trusted advisor of our business clients, offering actionable insights that solve business issues and help you strategize for future growth.
We can help individuals reach financial security through retirement planning, investment guidance, estate planning and insurance and tax planning. Whatever stage you or your business are at, we can support you as your trusted advisor.
Contact SD Mayer for Business Retirement Plan Consulting
The benefits you offer your employees reflect the values of your company. Give them the best possible plan to save for retirement by partnering with a corporate retirement advisor that understands the markets and wants to help you in the long term. We put extensive thought and care into every interaction to ensure you and your employees are ready for tomorrow.
We are located in the San Francisco Bay Area and Silicon Valley, and we service clients in other locations virtually. Looking out for your employees by starting or updating a retirement plan can benefit your company for many years to come. Ready to learn more about our corporate retirement services? Contact us today to schedule a consultation.
Securities and Advisory Disclosure:
Securities offered through ValMark Securities, Inc. Member FINRA, SIPC. Fee-based planning offered through SDM Advisors, LLC. Third-party money management offered through ValMark Advisors, Inc., an SEC-registered investment advisor. 130 Springside Drive, Suite 300, Akron, Ohio 44333-2431. 1-800-765-5201. SDM Advisors, LLC is a separate entity from ValMark Securities Inc. and ValMark Advisers, Inc.