401(k) / Defined Contribution Plans

Reed-Ramsey, Inc. provides outsourcing solutions for employers striving to utilize their resources more effectively. In the 401(k) Plan area, employers are reviewing whether a "bundled" or "unbundled" approach is best for the organization and its employees, and whether the Human Resources Department can be relieved of some of its burden. With Reed-Ramsey, Inc., an approach can be designed to meet your objectives.  

Our open architecture, full disclosure model allows the client to know his/her costs. Since Reed-Ramsey does not provide investment advise or sell investment products, our advice can be made without bias (we work with your or other advisors in a strategic alliance or partnership).

There are key elements for success! An important issue is determining who should provide recordkeeping and outsourcing for your company's 401(k) Plan / Individual Account Plan. The key elements for any 401(k) Plan / Individual Account Plan are:

• Fund Choices/Quality Investments - Giving employees greater control over their benefits is a trend that has been growing for several years. Greater investment choice is a key element of control, especially since employers increasingly want employees to take more responsibility for their own investment options. Employers feel obligated to offer investment alternatives with higher reward potential.
  
  
• Educational Communication - The expansion of investment choice means that employees need education in how to use these choices; choice without information leads to confusion and perhaps to disastrous investment results.
  
  
• Plan Design - Employers are relying more on defined contribution plans for their employees' retirement security.
  
  
• Compliance
  
  
• Price or Cost of Operation - Employees and employers want to know about the fees that are charged by vendors, investment managers and funds. Although some of the fees are hard to ascertain, employers realize that these hidden fees impact the participant's investment return and impact the employer's fiduciary exposure. Pressure for full disclosure of fees has increased in the last few years.
  
  
• Insulation of Fiduciary Liabilities
  
  
• Plan Design and Operation

Our approach can be more cost effective and efficient than the bundled or insurance company approaches. The experienced professionals of Reed-Ramsey, Inc. will assist you with your 401(k) needs.