Plan Health Assessment

In this phase we dig into several aspects of your company to determine whether your plan is healthy and thriving, or if it is in need of attention. We rate service, participation, plan costs, performance and compliance to make sure that it is operating at the optimum level. We’ll identify red flags in any of those areas and prescribe actions to address the deficiencies.

When it comes to employee participation, there are several metrics that we will evaluate. We will look at the overall number of employees participating in the plan along with how much they’re contributing on a pro-rata basis. We will also see how the company match is or is not being taken advantage of and whether or not people are increasing their contributions year after year.