Retirement Plans

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Need more information? Get in touch with TracyCo.
 

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Investments

We offer individual investment accounts.
 

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Employer Sponsored Retirement Plans

The dream of a happy and financially secure retirement is one that is almost universal.  Today most employees rely on their employer’s retirement plan to realize that dream.  

At TracyCo we take pride in making sure that you are giving your employees the best chance to retire the way they want to.

The Big Picture

Employer sponsored retirement plans are complex.  But our number one focus is always participant outcomes.  

If your employees are able to meet the retirement goals that they set for themselves, then your retirement plan is successful.  

We take care of the details for you so that you can focus on the big picture.

TracyCo specializes in the design, implementation, and ongoing administration of defined contribution retirement plans – 401(k) and 403(b).  

These plans are most often utilized by our clients as the primary retirement benefit for their employees.  DC plans allow employers to have a known and manageable cost of providing the retirement benefit.

They are also a very effective way for business owners to save for retirement and to manage federal income tax issues.  They allow plan participants to control their own retirement savings..

TracyCo is a little different than many providers of retirement plan services.  Our business model is to act as the financial advisor and the third party administrator for the plans that we service.  

There are several advantages to this approach:  

  • Overall cost to the plan is typically reduced
  • We coordinate directly between the advisor and the plan administrators in all interaction with both the plan sponsor and plan participants
  • We are the single point of contact for all plan related issues

As the sponsors of their retirement plan, business owners have a fiduciary responsibility to act in the best interest of the plan and must document that they have.  

At TracyCo, our expertise in 401(k) plans and our role as both advisor and TPA allow us to minimize fiduciary risk for you.  

We document all plan design, plan operation, and investment related decisions.

We work directly with plan auditors to make sure that our plans are in compliance.  We acknowledge our role as a plan fiduciary with respect to investment lineup decisions. 

The role of a financial advisor for a 401(k) plan is to provide both the plan sponsor and the plan participants with support to make them successful in reaching their goals.

We support the plan sponsor with the following:

  • Creation of Investment Policy Statements (IPS)
  • Fee and platform benchmarking
  • Investment benchmarking and lineup
  • Compliance support

We support plan participants with the following:

  • In-person enrollment meetings
  • Investment education
  • Phone/email support

As the third party administrator of your retirement plan, TracyCo is responsible for making sure that it runs smoothly.

Our administrators take a very hands-on approach to plan administration and will be involved throughout the plan year.

Our services include but are not limited to: 

  • Plan document creation
  • Plan document restatement
  • Plan amendments
  • Processing of plan contributions
  • Eligibility determination
  • Non-discrimination testing
  • Form 5500 creation and filing
  • Distribution processing
  • Loan processing
"Working together as a retirement plan admin team for 20 years, we have the experience to deal with any situation.  We can minimize the adminstrative burden of providing a 401(k) plan.

-Jeff Chotiner, QKA
-Amy Liberoni