Superior 401(k) Plans for Your Small Business

Robust Participant Training and Wellness Solutions built into every 401(k) plan by Alphamint™

Fiduciary Oversight

Executive Benefits

Participant Tools & Education

Financial Wellness

It is critical that the 401(k) maintains fiduciary compliance. With Alphamint , we help you by taking on the majority of your fiduciary responsibility so you do not have to.

Offering a 401(k) plan is simple, creating a 401(k) plan that maximizes Executive and Employee compensation opportunities is something else. We can help.

Annual trainings facilitated by a Certified Financial Planner(TM) designed to help participants take advantage of their employee benefits so they can maximize their wealth accumulation goals.

Alphamint offers Small Businesses robust technology solutions that help participants reach their financial goals faster.  We believe it's time the 401(k) is the leader in financial and investing technology.

About Us

Offering low-cost and high touch custom built 401(k) plans for your small business. We build plans with owners, executives and participants in mind so that everyone can maximize their wealth accumulation goals. Need to develop golden handcuff, deferred compensation, or other executive compensation strategies, we do that too.

Building superior 401(k) plans for over 10 years!

 

WE PARTNER WITH A MULTITUDE OF THIRD PARTY ADMINISTRATORS, RECORD-KEEPERS AND PAYROLL PROVIDERS. 

We have preferred Vendors but we can work with your existing provider as well!

We have been recognized as a firm of excellence by various third-party agencies. 

To learn more schedule a meeting below.

The Alpha Advantage

This Is Exactly What We Do

1. We Come to your Office to review your corporate, executive and employee goals.

2. We develop a Company Retirement Plan that maximizes those goals.

3. We assess the plan to ensure it is compliant with all laws.

4. We set up the plan infrastructure, so you do not have to.

5. We introduce the plan to all employees providing company trainings and employee education.

6. We monitor participant rates, compliance testing requirements and other key metrics to ensure successful implementation and executive goal attainment.

7. We facilitate annual Fiduciary meetings with Plan Sponsors (HR Department) to ensure the 401(k) plan remains compliant and all administrative tasks have been properly handled as set forth by the DOL and applicable ERISA laws.

8. We facilitate annual trainings with plan participants to instruct them on the 401(k) plan, as well as providing holistic trainings covering a variety of topics including: investing, retirement, financial planning, insurance, and more.

9. Each participant is entitled to a 15 minute one-on-one with a Certified Financial Planner(TM) to discuss their unique investing concerns, expectations, and goals (additional coaching is available).

10. We monitor and replace if necessary investments to ensure they are top of their class as to provide participants the best solutions to reach their goals.

11. Participants have year-round access to the 401(k) plans dedicated Alphamint Advisor to answer all 401(k) related questions (vesting, contribution elections, investments, performance, loans, hardship withdrawal, etc).

The Fiduciary Difference

Understanding the Difference between the different Fiduciary offerings and Suitability Standard.

Unbundled vs Bundled

We believe a unbundled service provides greater transparency and lower fees.

Most Common 401(k) Issues

Does your 401(k) plan need a tune up or at least an inspection?

Did you know that most plans are in need of repair and possible yours too? It’s not entirely your fault though! See, as a company grows (or changes) so do the demands and needs of both the plan structure and the corresponding participants. If we know anything about life, change is inevitable. The core components of a 401(k) plan need to be monitored and benchmarked against industry averages on a recurring basis.

More importantly, as a company providing a 401(k) plan, the Department of Labor states that it is your responsibility as a Plan Fiduciary to ensure your plan is in the best interests of participants, that the plan is compliant, and the overall plan fees are “reasonable”.

In our experience, here are the four key areas where 401(k) Plans come up lacking.

35% – Lack of Participant Education or Service

30% – Plan Fees

20% – Non Compliance

10% – Plan Performance

5% – Other

Remember, as a Plan Fiduciary (which all companies that offer 401(k) plans are) you are required to make sure the plan you offer is in the best interest of participants. Contact Alphamint today to learn more about a complimentary 401(k) evaluation which will benchmark your plan to the industry averages, and fulfill part of your fiduciary obligations.

How to Get Started?

Step 1: Complimentary 401(k) Plan Discussion

Learn about how a partnership with Alphamint will impact your firm, and how your 401(k) plan compares to the industry averages.

Step 2: Complete the 401(k) Questionnaire

This questionnaire helps us understand your company retirement plan needs along with specific goals of business owners and executives.