Broker Check

Plan Sponsors

At FPA Benefits, we provide innovative solutions, comprehensive consulting, and business value for plan sponsors and participants. Through our relationship with our broker-dealer, LPL Financial, we offer objective advice on how to structure a competitive qualified retirement plan aligned to your business goals and cost parameters.

Serving as an objective guide for plan sponsors, we help navigate through the maze of investment options, plan design considerations, participant education, vendor resources and more. Our services include:

  • Plan Design Assistance - We work with well known tax law and actuarial consulting firms to help you design a retirement plan structure to address your business, financial and tax objectives, with IRS-compatible designs that may allow you to favor select individuals with larger contributions.
  • Fiduciary Support - We have the ability to act on behalf of plan sponsors as a 3(21) investment adviser in a “co-fiduciary” role as well as a 3(38) adviser which provides the adviser with full discretion for selecting funds which helps reduce liability exposure to trustees/fiduciaries to the plan.
  • Plan Participant Education - At the heart of our 401(k) plan services is participant education. We will collaborate with your HR team to deliver highly customized plan participant content structured to optimize outcomes, and increase financial wellness.
  • Plan Benchmarking - We strive to ensure your ongoing awareness of the costs and benefits to your company's retirement plan design. By tracking key metrics every year, we are able to identify positive and negative trends, and offer real-time alternatives to keep your plan on track to meet your quantitative and subjective objectives. 
  • Fiduciary Plan Review - We will assess how well you are fulfilling your responsibilities to employees with a comprehensive review that promotes fiduciary compliance. 
  • Investment Policy Statement (IPS) Draft - Helping you delegate the selection, management and monitoring of the plan’s investment menu, this is a discretionary fiduciary service that removes the trustees or investment committee from routine management of the plan’s investments.
  • Analysis or Rebuild of the Plan Investment Lineup - Though we begin with a quantitative analysis of the strategy (assessing risk-adjusted returns and more), our qualitative study focuses specifically on the investment process. By gaining a full understanding of your organization’s culture, structure, staff and assets under management, we can more easily measure the plan’s value against your goals.
  • Standard of k(are) - This state-of-the-art retirement plan management software solution gives you and your employees access to plan resources from anywhere in the world. If you are a small business owner, an HR representative at a large company, or just have questions about the benefits of working with a retirement plan fiduciary, look no further. The professionals at our firm are here to help.