New Year, New Product Offering: Custom-built 401(k) Plans for Business Owners through Employee Fiduciary

Eric Franklin

Jan 5, 2023

A happy and prosperous New Year to you!

2023 marks the official launch of our new 401(k) offering, with our first plan for a client and their employees going live. After researching a number of different plan administrator options, we made a decision to become “Advisor Partners” of a company called Employee Fiduciary. For us, they had the features and functionality that allow us to add value as advisors: a comprehensive set of plan design options (including profit sharing, plan loans, etc.) and the ability for us to customize the investment menu (and even build one-click investment models) within the plan options.

It’s one thing to have all the knobs and dials, and another thing to support them. This was perhaps the best part of our experience working with Employee Fiduciary and our dedicated rep, Julie. At every step of the process, their experience and attention for detail really came through. Their advice gave us the confidence we needed to customize the plan and ensure that it would be simple to support for our business owner clients. Things went very smoothly.

All this, and they advertise themselves as having the “lowest fees in the country,” so that’s nice too.

If you have a business with employees and would like to offer an amazing plan to your employees, please let us know. This is a great way for business owners to maximize tax deferral and tax advantage while also providing a key benefit to their staff, and all at a very low cost. We’d be happy to help you get set-up or migrate off of any other administrator that may not have the options or support that you need.

A happy and prosperous New Year to you!

2023 marks the official launch of our new 401(k) offering, with our first plan for a client and their employees going live. After researching a number of different plan administrator options, we made a decision to become “Advisor Partners” of a company called Employee Fiduciary. For us, they had the features and functionality that allow us to add value as advisors: a comprehensive set of plan design options (including profit sharing, plan loans, etc.) and the ability for us to customize the investment menu (and even build one-click investment models) within the plan options.

It’s one thing to have all the knobs and dials, and another thing to support them. This was perhaps the best part of our experience working with Employee Fiduciary and our dedicated rep, Julie. At every step of the process, their experience and attention for detail really came through. Their advice gave us the confidence we needed to customize the plan and ensure that it would be simple to support for our business owner clients. Things went very smoothly.

All this, and they advertise themselves as having the “lowest fees in the country,” so that’s nice too.

If you have a business with employees and would like to offer an amazing plan to your employees, please let us know. This is a great way for business owners to maximize tax deferral and tax advantage while also providing a key benefit to their staff, and all at a very low cost. We’d be happy to help you get set-up or migrate off of any other administrator that may not have the options or support that you need.

A happy and prosperous New Year to you!

2023 marks the official launch of our new 401(k) offering, with our first plan for a client and their employees going live. After researching a number of different plan administrator options, we made a decision to become “Advisor Partners” of a company called Employee Fiduciary. For us, they had the features and functionality that allow us to add value as advisors: a comprehensive set of plan design options (including profit sharing, plan loans, etc.) and the ability for us to customize the investment menu (and even build one-click investment models) within the plan options.

It’s one thing to have all the knobs and dials, and another thing to support them. This was perhaps the best part of our experience working with Employee Fiduciary and our dedicated rep, Julie. At every step of the process, their experience and attention for detail really came through. Their advice gave us the confidence we needed to customize the plan and ensure that it would be simple to support for our business owner clients. Things went very smoothly.

All this, and they advertise themselves as having the “lowest fees in the country,” so that’s nice too.

If you have a business with employees and would like to offer an amazing plan to your employees, please let us know. This is a great way for business owners to maximize tax deferral and tax advantage while also providing a key benefit to their staff, and all at a very low cost. We’d be happy to help you get set-up or migrate off of any other administrator that may not have the options or support that you need.

7724 35th Ave NE #15170

Seattle, WA 98115-9955

(971) 716-1991

hello@prosperowealth.com

Prospero Wealth, LLC (“PW”) is a registered investment advisor offering advisory services in the States of Washington, Oregon, and California and in other jurisdictions where exempted. We are conditionally registered in Texas.

© Prospero Wealth 2024. All rights reserved.

7724 35th Ave NE #15170

Seattle, WA 98115-9955

(971) 716-1991

hello@prosperowealth.com

Prospero Wealth, LLC (“PW”) is a registered investment advisor offering advisory services in the States of Washington, Oregon, and California and in other jurisdictions where exempted. We are conditionally registered in Texas.

© Prospero Wealth 2024. All rights reserved.

7724 35th Ave NE #15170

Seattle, WA 98115-9955

(971) 716-1991

hello@prosperowealth.com

Prospero Wealth, LLC (“PW”) is a registered investment advisor offering advisory services in the states of Washington, Oregon, California, and in other jurisdictions where exempted.

© Prospero Wealth 2024. All rights reserved.