Specializations
Retirement Plan Services
We manage your fiduciary risks as a plan sponsor and help you attract and retain talent through great retirement plans and financial wellness programs.
Guiding You and Your Employees From Hire to Retire
From your organization’s fiduciary risk to your employee retention, we support and strategize as a champion in your corner. Our Retirement Plan Services team addresses the full suite of considerations around retirement plans and financial wellness. We partner with you as a co-fiduciary, minimizing your administrative and fiduciary responsibilities, and therefore your risk. For your employees, we help you craft a retirement and financial wellness program that results in a financially strong (and happier) workforce.
How We Help
401(k) Advisory
Fiduciary Oversight
Financial Wellness
Fiduciary Investment Advisory Services You Can Trust
We ensure a fiduciary process that is documented, defendable, and repeatable. Our team will help ensure your committee follows all governing rules of ERISA and adheres to the proper fiduciary standards of care.
We use the latest in investment fund performance monitoring and asset allocation tools and software as part of our thorough process of strategic planning, due diligence review, implementation, and ongoing support.
Leave industry and provider benchmarking to us, including plan design, fee benchmarking, recordkeeper services, best practices, match calculations and peer group plan participation data. You'll skip the surprises and understand all plan-related fees and other costs to you or your participants.
Never worry about preparing or reviewing an IPS—we’ll do it for you. We’ll also recommend or replace investment manager(s) based on your IPS requirements. Our research team can also develop custom models from the lineup of your plan’s investment options, including Environmental, Social, Governance (ESG) investment selection and monitoring.
We’ll act as a liaison between your recordkeeper and other service providers, product sponsors, and/or vendors. You can lean on our experience to collect annual compliance data, support you during your annual audit preparation, and review your Form 5500.
If a plan change is necessary, our team will manage the requests for proposals (RFPs), evaluate proposals and bids, and coordinate recordkeeper interviews. You’ll also have our full support as you transition from your old recordkeeper to your new one.
Our team will ensure your files are audit-ready, should you be subject to a future audit. If you are, we’ll be by your side during the entire process and assist you in making any required plan corrections caused by an error in plan operations.
We will regularly provide your plan committee members with fiduciary education, training, and guidance. We’ll help them understand their duties and responsibilities, plan features, and retirement readiness matters, as well as help them stay current on legislation and litigation issues.
Our team can deliver a customized financial coaching program tailored to the unique needs of your workforce. We start by identifying and analyzing your employees’ current financial wellness. Then, based on the latest research and trends in behavioral finance, we’ll work together to help your employees better manage their finances and prepare for retirement.
Woodruff Sawyer PEP
401(k) Administration Made Simple
A pooled employer plan (PEP) allows unrelated businesses to participate in one 401(k) retirement plan. A consolidated plan means consolidated administration and costs, and less work for each plan sponsor. Take the load off your team while reducing your fiduciary liability.
Bed Bath & Beyond, Bankruptcy, and Fiduciary Litigation
9 minutes
Featured Services
Securities offered through LPL Financial, Member FINRA / SIPC. Investment advisory services are offered through Global Retirement Partners (GRP), an SEC Registered Investment Advisor. GRP and Woodruff Sawyer are separate entities from LPL Financial. GRP employs (or contracts with) individuals who may be (1) registered representatives of LPL Financial and investment adviser representatives of Global Retirement Partners; or (2) solely investment adviser representatives of Global Retirement Partners.
