Business 401(k) Plan Services for Massachusetts

Shaping a retirement plan strategy that preserves your firm while providing a key benefit to your employees is how Independence Financial Partners seeks to help remove worry while adding value for employers. Our consultants can provide you with objective guidance on the full suite of 401(k) administrative services:

• Safe Harbor Guidance and Compliance – Our compliance expertise has been a cornerstone of our services. From 404(c) review to fee notices (408(b)(2) and 404(a)(5), Independence Financial Partners can help you navigate safe harbor regulations and fiduciary requirements with confidence.
  
• Plan Design and Demographics – Automatic enrollment and automatic escalation features can increase participation and contributions. We’ll look at your specific plan design and help you determine if changes in design and/or communications to at-risk participant groups (those not maximizing their benefit) may improve plan demographics.
  
• The Next Step to a Fully-Compliant and Robust 401(k) Benefit Program? Contact Us.

While there are many challenges for 401(k) plan sponsors, there are also opportunities to make more of your qualified plan program. Independence Financial Partners can help you with both.

Comprehensive Plan Reviews – Your plan reviews will include product vendor analysis, participant activity reports, compliance review, investment policy statement review, as well as education and communications.