Currently, the market for small 401(k) plans in the United States is dominated by a handful of insurance companies and payroll providers. This near monopoly has produced high hidden fees, poor investments, inadequate financial education, and has increased the number of lawsuits from disgruntled plan participants.
Safe Harbor Investment Advisors LLC is working with independent Third Party Administrators (TPA), financial educators, and plan benchmarking services to challenge the status quo.
We offer plan sponsors the following:
Reasonable and Transparent Costs:
We will document, benchmark and monitor all plan fees so that our plan sponsors can quickly and easily ensure that their cost is reasonable. By lowering plan cost to a fair level we leave you and your employees with more money at retirement.
Investment Success:
Reducing the fees that are siphoned out of your account is one way to leave you with more money at retirement - The other is to improve investment performance. We will introduce you to a process designed to boost your chances of investment success.
Financial Education:
Research shows that a financially stable employee is sick less often, more productive on the job, and happier at work and at home. Our firm works to identify the financial needs of your workforce, and, with the guidance of the company leadership, we provide the education to fulfill those needs.
Fiduciary Oversight:
Safe Harbor Investment Advisors shares the fiduciary responsibility with our plan sponsors and will implement a documented program to reduce the legal risk from 401(k) lawsuits.
Welcome to the home of the free 401(k) review.