401K Planning
Allowing Morris Financial Concepts to aid your business with 401K incorporations can bring in better talent or keep your present talent happy. We believe our specialized and effective planning and consultation services will benefit both employees and owners positively in the long term.
401K Planning
Sponsoring a 401K as an employer serves a dual purpose; it can attract higher level talent to your organization and it can ultimately serve as a reward or perk for your present employees’ hard work. Morris Financial Concepts equips employers with plans that allow workers to invest a portion of their paycheck into their retirement before taxes are even deducted. We will be in charge of overseeing your account, managing performances and assisting requests so the heavy lifting doesn’t rest on the company owner’s shoulders.
Personalized Assistance
Our hands-on experience is incredibly valuable and we aim to provide personalized financial consultations for each individual employee. We work to gain an understanding of personalized scenarios to optimize the advice given to each individual employee and owner. Morris Financial strives to formulate each individual plan with optimal returns in mind.
Financial Wellness Program
Our hands-on experience is incredibly valuable and we aim to provide personalized financial consultations for each individual plan participant. We will come on-site at least once a year, and offer time slots to all new and existing plan participants. We work to gain an understanding of personalized scenarios to optimize the advice given to each individual plan participant and owner.
Low Cost and Diversified Fund Options
Unlike some other retirement advisors, Morris Financial Concepts, Inc. is a fee-only advisor who would not receive commissions from the funds in a company’s fund line-up. We only recommend low-cost mutual funds with no hidden sales fees. Also, our fee is totally visible to the plan participants as well as the employers, so you know exactly what you are paying us.
Third Party Administrators
While Morris Financial Concepts, Inc. is not a Third Party Administrator of the plan itself, we are constantly looking and vetting these administrators to make sure you and your plan participants are getting the highest quality administration for the lowest price.
Compliance
We are highly experienced in the ever-changing DOL rules and ERISA laws, and we bring that expertise to the table for you. We pay close attention to the 401k plans.
- Investment Policy Statement
- Investment Fund Lineup
- The Qualified Default Investment Alternative (QDIA)
- Fee Disclosures
- Discrimination testing results
