Workplace Benefit Plan Platform

WORKPLACE BENEFIT PLAN PLATFORM

A workplace benefit plan refers to a structured program offered by employers to provide employees with additional perks and amenities beyond their salary, including health insurance, retirement contributions, and other supplementary benefits designed to increase overall job satisfaction and well-being. At FinDec, we provide a number of services tailored to maximize personal finances and enhance participant well-being:

THIRD PARTY ADMINISTRATION & RECORDKEEPING SERVICES

Together, TPA and Recordkeeping services help employers administer retirement plans more efficiently, ensure compliance with regulations, and provide participants with the tools and information they need to manage their retirement savings.

THIRD PARTY ADMINISTRATION (TPA):

Annual Administration, Compliance & Testing
Regulatory Filings Including Form 5500
Plan Document Design and Maintenance
Plan Audit Support
Actuarial Services for Defined Benefit Plans
Required Minimum Distribution Calculations and Notifications
Participant Notices (Safe Harbor, QDIA, etc.)

RECORDKEEPING SERVICES:

Maintain Participant Account Transactions
ACA Enrollment and Notification
Participant Call Center
Loan Processing and Administration
Distribution Processing
Contribution Processing (Automated or Client Upload)
Participant Website
Participant Statements
Participant Fee Disclosures
Fund Swap and Portfolio Reallocations

ERISA FIDUCIARY SERVICES

FinDec provides personalized, comprehensive financial management services to help clients achieve their financial goals and manage their wealth effectively.

Standard Fund Lineup
Portfolio Management

Monitoring Investments
Investment Policy Statement

CONSULTING

Review Service Providers (RFP & Vendor Search)
Plan Design
Benchmarking
Benefit Package Review
Coordinating Vendors
Plan Sponsor & Committee Education

Accredited Investment Fiduciary Analyst (AIFA) Audit Services
Business Consulting at Corporate Level
Tax Strategy
Succession/Exit Planning
Employee Retention Strategy

PARTICIPANT EDUCATION & ADVICE

FinDec offers participant education, consulting, and advice services designed to empower plan participants to make informed decisions about their retirement savings and improve their overall financial wellness.

Participant Education through FinDec University
Online Tools
Private Wealth Services Offered through Separate Service Offering

INSURANCE SERVICES

These insurance services are designed to help participants manage risks that could impact their retirement savings and financial security, providing them with additional peace of mind as they plan for retirement.

Group Long Term Care
Group Life
Group Health
Individual Life Insurance
Individual Health Insurance

CUSTODIAL SERVICES THROUGH CHARLES SCHWAB

FinDec partners with Charles Schwab for the safekeeping and management of assets within each plan.

Schedule a complimentary consultation