In today's rapidly changing financial landscape, ensuring the health and effectiveness of your company's 401k plan is more critical than ever. For businesses in the Lehigh Valley region, including Allentown, Bethlehem, Easton, and surrounding areas, understanding the importance of a 401k tune-up and fulfilling fiduciary responsibilities is paramount. That's where working with Top 401k Advisors an affiliate of Cornerstone Portfolios can make all the difference.

Why a 401k Tune-Up Matters:

  • Maximizing Employee Benefits: A well-tailored 401k plan not only attracts top talent but also helps retain valuable employees by offering competitive retirement benefits.

  • Legal Compliance: Regularly reviewing and updating your 401k plan ensures compliance with changing regulations and protects your business from potential legal risks.

  • Investment Performance: A thorough tune-up evaluates investment options, fees, and performance to ensure that participants' retirement savings are optimized for growth.

  • Employee Education: Revisiting your 401k plan provides an opportunity to educate employees about retirement planning, investment strategies, and the importance of saving for the future.

Fulfilling Fiduciary Responsibilities:

  • Acting in Participants' Best Interests: As a plan sponsor, you have a fiduciary duty to act solely in the best interests of plan participants and beneficiaries.

  • Prudent Investment Selection: Fiduciaries must prudently select and monitor plan investments, ensuring they are diversified and aligned with participants' goals.

  • Fee Transparency: Disclosing all plan fees and expenses is essential to fulfilling fiduciary responsibilities and ensuring participants' retirement savings are not eroded by excessive costs.

  • Ongoing Plan Evaluation: Regularly assessing the plan's performance, fees, and service providers demonstrates a commitment to fulfilling fiduciary duties and promoting participants' financial well-being.

Why Choose Top 401k Advisors an affiliate of Cornerstone Portfolios:

  • Expertise and Experience: With years of experience in retirement planning and investment management, Cornerstone Portfolios' team of advisors understands the unique needs and challenges facing Lehigh Valley businesses.

  • Personalized Solutions: We work closely with each client to tailor 401k plans that align with their business objectives and provide meaningful benefits to employees.

  • Fiduciary Support: As fiduciary advisors, we uphold the highest standards of transparency, objectivity, and integrity, ensuring that our recommendations always prioritize our clients' best interests.

  • Ongoing Support: From plan design and implementation to ongoing monitoring and participant education, Cornerstone Portfolios provides comprehensive support at every stage of the retirement planning process.

A 401k tune-up is not only a prudent business decision but also a fiduciary responsibility for Lehigh Valley companies. By partnering with Top 401k Advisor, an affiliate of Cornerstone Portfolios, businesses can ensure their retirement plans are optimized for success, while fulfilling their obligations to employees and participants. Contact Top 401k Advisors, Lehigh Valley’s Top Choice today to learn more about how we can help you achieve your retirement plan goals.