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 is an Investment Adviser registered with the SEC, principally located in the state of Washington. All views, expressions, and opinions included in this communication are subject to change.
The information on this site is not intended as tax, accounting or legal advice, nor is it an offer or solicitation to buy or sell, or as an endorsement of any company, security, fund, or other offering. Information provided should not be solely relied upon for decision making. Please consult your legal, tax, or accounting professional regarding your specific situation. Investments involve risk and have the potential for complete loss. It should not be assumed that any recommendations made will necessarily be profitable.
The information on this site is provided “AS IS” and without warranties either express or implied and the information may not be free from error. Your use of the information provided is at your sole risk.
© Prospero Wealth 2025. All rights reserved.
7724 35th Ave NE #15170
Seattle, WA 98115-9955
(971) 716-1991
hello@prosperowealth.com
Prospero Wealth, LLC is an Investment Adviser registered with the SEC, principally located in the state of Washington. All views, expressions, and opinions included in this communication are subject to change.
The information on this site is not intended as tax, accounting or legal advice, nor is it an offer or solicitation to buy or sell, or as an endorsement of any company, security, fund, or other offering. Information provided should not be solely relied upon for decision making. Please consult your legal, tax, or accounting professional regarding your specific situation. Investments involve risk and have the potential for complete loss. It should not be assumed that any recommendations made will necessarily be profitable.
The information on this site is provided “AS IS” and without warranties either express or implied and the information may not be free from error. Your use of the information provided is at your sole risk.
© Prospero Wealth 2025. 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 2025. All rights reserved.