Corporate 401k & Retirement

The Problem

Today, more than ever, business leaders need to focus on their core operations to help ensure a profitable and sustainable enterprise. The reality is that the retirement plan is taking up an increasing amount of time, energy and focus while still leaving even the most diligent of managers with a lack of clarity and confidence.

The volume of regulations, investment options, vendors and lack of transparency can create a situation that is extremely complex and generally overwhelming for the leader who has the desire to do the right thing for the participants while also limiting liability for the plan decision makers (fiduciaries). Our experience has been that we find many plan sponsors to be short on time and experience to achieve these goals.

The Solution

We have found plan sponsors are looking for someone to help them with comprehensive plan governance and oversight, or, total plan governance. To experience this, plan sponsors need to work with a prudent expert–a professional that ERISA and court cases define as someone that is “not a prudent lay person but rather that of a prudent fiduciary with experience dealing with a similar enterprise.”

Within Sequoia’s Retirement Services Group, we have developed and are focused exclusively on delivering total plan governance via The Prudent Expert System™. The Prudent Expert System™ was created to deliver a comprehensive process while leveraging our independence and experience to deliver fiduciary simplicity and participant solutions both today and in the future.

Corporate 401k & Retirement FAQs

What are the fees involved with the service?
Plan fees vary based on the asset size, plan design, platform provider, and desired services – among other factors. However, Sequoia offers complete fee transparency and fully discloses all fees as part of our process.

Which plan providers does Sequoia work with?
As an independent advisor, Sequoia works for the plan sponsor. As such, we can work with any investment plan provider.

Capabilities & Deliverables

Sequoia’s Retirement Services Group is purposefully built to provide specific solutions for plan fiduciaries and participants. The following capabilities and deliverables highlight what makes our process unique:

Detailed knowledge of:

  • the sales methods of brokers, advisers and insurance agents who have historically provided these services to plan sponsors
  • service providers pricing, systems and capabilities
  • retirement plan audits

Focus on the retirement plan marketplace

Highly-credentialed staff

Joining your team as fiduciaries – participating in both the decisions and the liability

Independent solutions – maintain relevant securities licenses in order to access a variety of investment vehicles and service provider options

Passion to guide the participant to success