The 401(k) plan has become the best known and most frequently used type of retirement plan. According to the Investment Company Institute, total assets in 401(k) plans amounted to $2.7 trillion in 2006. In fact, this type of plan is generally an employee expectation. Personal savings will only become more important as employees ponder social security revisions and begin to realize that they must chart their own retirement destiny. By utilizing the WorkSmart master plan, clients can avoid not only all the various administrative costs of maintaining their own plan, but also offer superior investment options and additional resources. And, the plan can be customized for each client to maximize employee and ownership participation.
WorkSmart 401(k) Plan
Our plan features a diverse lineup of investment options from some of the most renowned professional asset managers in the marketplace, at a highly competitive price. Both of these are chief factors for your investment-savvy key employees. Our partnership with John Hancock also offers impressive web-based access, award-winning educational materials for employees, reliable support, and a full range of investment options for wealth accumulation and management.
If you would like more information about the WorkSmart Systems 401(k) plan and how you can offer it to your employees at no cost to your company, please contact Jason Carney at 317-585-7870.