401(k) and 403(b) Plans
Plan Design & Selection Assistance
Implementation & Enrollment
Ongoing Plan Management
Investment Consulting
ERISA 3(21) & 3(38) Fiduciary Services
Company 401(k) Plans
We offer services for small and large companies looking to establish or optimize their employee retirement plans with a specialized 401(k) Plan Advisor.
Overview
Foundation Wealth & Tax Advisors offers comprehensive services to help companies of all sizes design, deliver, and manage effective retirement plans for their employees. We understand the complexities involved in establishing and maintaining a plan that aligns with your company’s goals and adheres to regulatory requirements. This is where a 401(k) Plan Advisor can be greatly beneficial.
Our team of experienced advisors can review the retirement plan(s) you offer while identifying areas for improvement to maximize their effectiveness. We provide support with plan management, employee education, vendor management, investment selection and oversight, and ERISA 3(21) or 3(38) fiduciary coverage, allowing you to focus on your core business activities and retain talent.
Whether you’re a small business or a large company, we tailor our services to your company, ensuring your plan best suits the needs of your employees and your organization.
FAQs
A 401(k) plan advisor helps design the plan, select and monitor investments, manage vendors, and educate employees, while guiding ERISA fiduciary duties. Many sponsors hire a 3(21) or 3(38) fiduciary to reduce risk and improve governance.
Both are ERISA fiduciaries; a 3(21) advises while the sponsor retains discretion, and a 3(38) takes discretionary investment authority. Small plans often choose based on internal capacity and risk tolerance.
A Safe Harbor 401(k) uses required employer contributions to automatically satisfy key nondiscrimination tests, which can simplify administration and boost participation. It suits many small plans that struggle with ADP/ACP testing.
Foundation Wealth & Tax Advisors is a Fee-Only, Fiduciary, Independent Financial Advisory Firm.
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