Small Business 401(k)

If you are considering a new or upgraded retirement plan, consider the Piedmont Small Business 401(k) Plan. It is:

• Low cost (administration, advisory service, custodial, management of funds)
• High relative performance (meaningful and measurable over 10 years)
• A time and money savings for the plan sponsor and participants.

The cost of investing is the factor in a plan that you need to have the greatest control over.  It is also one of the most important legal duties for sponsoring a plan. The impact of hidden fees can reduce the asset value of a 401(k) plan by 50% in fewer than 20 years.

A Piedmont Small Business 401(k) Plan provides one of the lowest cost plans in America. Our fees are fully transparent.  Many plans exist today that have hidden fees. Do you have any hidden fees? How would you know? A truly independent and unbiased expert audit and analysis of your 401(k) Plan would reveal the truth.

Efficiency of Partnering with a Piedmont Small Business 401(k) Plan

The inefficiency of being the sole fiduciary is staggering and costly. Most plan sponsors cannot identify this, but certainly feel it. This includes taking the time to learn required procedures, execute and record those procedure, being charged hidden fees, having litigation risk for providing the plan, and having your time wasted by the lack of accountability by the companies that provide the plan.

A Piedmont Small Business 401(k) Plan is different. An SEC Registered Investment Advisor architects the plan. This means the Piedmont Small Business 401(k) Plan becomes a co-fiduciary with the sponsor thereby transferring specific fiduciary risk to us. This legal responsibility does not occur with insurance or brokerage provided plans without an additional cost. Our partnership in accountability aligns with the goals of the plan. We make sure components of the plan are clear simple, compliant with ERISA, and cost efficient.  This includes:

• Vigilance to remove excessive administration, mutual fund and audit costs.
• Protection is provided through full disclosure and maintaining ERISA and DOL standards.
• Responsibility is being focused on performance for the participant.

Your time is also a precious commodity. Invest it wisely and reduce your fiduciary risk as a 401(k) plan sponsor. Isn't it about time that the 401(k) plan is about managing money efficiently? Talk to us.

Transfer your risk to us.