Glover Park Wealth Management is an established industry 401(k) retirement plan investment advisor.
Our firm has strong relationships across the industry with many of the large retirement plan providers, third party administrators, custodians and recordkeepers.
We use our industry expertise to introduce your company to the top retirement plan industry recordkeepers and consult on the 3(21), 3(38) & 3(16) fiduciary roles.
Glover Park Wealth works with our retirement plan industry partners to help your company design a 401(k) retirement plan that fits the goals and needs of your employees and company.
Glover Park Wealth will help you select a retirement plan recordkeeper, custodian & plan fiduciaries.
We also recommend that our plan sponsor clients hire a 3(21) Co-fiduciary, 3(38) Investment Manager & 3(16) Administrative Fiduciary to handle the fiduciary duties of the 401(k) plan.
401(k) Plan Monitoring
Consult on the type of 401(k) plan that fits best for the employee participants and plan sponsor.
401(k) Plan adoption documents agreement.
Send out plan notices to employees about the plan and how to participate.
Annual plan testing to ensure compliance or Safe Harbor Plan Design
Process loans and distributions in accordance with the plan adoption agreement and ERISA regulations
Benchmarking the plan costs to keep fees competitive.
