What Makes Encore 401k Different

What Makes Encore 401k Different

• Exclusively FOCUS on Qualified Retirement Plans & 401ks. This is a niche market & it’s important to specialize.
• High-volume background, within the retirement plan & finance industry, teaches valuable lessons. We found a way to do it differently.
• Registered Investment Advisor NEW in 2023.
  
  
• Based in Teton Valley, Idaho and exclusively service this very special Big Sky Region.  
• Fully-independent, built to eliminate conflicts of interest and operate with complete objectivity & autonomy.
• Acknowledge there are systemic problems in our retirement plan industry, that have perpetuated for decades, especially in the small to mid-sized market. We know how to navigate around these.
  
  
• Meet one-on-one with employees, get to know them by name and they get to know us.
• Communicate in terms people understand & can relate to.
• High-functioning 401ks plans are multi-dimensional. We build all 5 components to operate at the highest level.
  
  
• 40 years of experience as a 401k plan participant. We personally experienced the impact 401ks have on our entire family’s lives.
• Encore is a Plan Fiduciary
• Surround ourselves with a wealth of excellent resources & industry thought leaders.
  
  
• Provide a simple, affordable solution for small & start-up plans.
• Different method for constructing fund menus AND have different measures to evaluate funds.
• Different approach toward employee education. 
  
  
• Utilize often overlooked & undervalued plan provisions, to re-state plan design.
• Host an ongoing video education series covering current relevant topics for both plan sponsors & participants.
• Reframe & change the narrative of retirement plans & 401ks.

Beliefs

 At Encore 401k, LLC. We Believe…

• Our retirement plan industry needs less noise, fewer talkers and more competent doers
• As an industry, we need to set higher standards & expect more from our 401(k)s, especially in the small and mid-size market.   
• We should be cautious with & rely less on messaging from "perceived experts" promoting biased agendas or compromised narratives. 
• 401(k) is multi-dimensional. High-functioning plans execute ALL 5 dependent components.
• Too many plans have been established by "slinging products" and not by "consulting on behalf of the client." (Source: The Magazine of Wealth Management.com – Feb 27, 2018).
• 401k should be a Noble Cause & Business Productivity tool.
• 401(k) should be The Most Valuable Benefit for BOTH the Employees and the Employer. 
• "Simplicity is the Ultimate Sophistication"
• A healthy, high-functioning 401(k) is a Patriotic Program.   
• The American Dream DOES exist and 401k should be an important contributor  
• Understanding Investment Fundamentals DOES help improve participant outcomes. However, Market Forecasts and Economic Outlooks are typically wrong and DO NOT help improve participant outcomes.
• Financial illiteracy is a devastating problem, impacting our country in too many destructive ways
• One-on-one meetings with employees in 401k plans is crucial.
• There is a lack of creativity & effectiveness in most 401k employee education meetings.
• You should ask your 401k advisor their background, experience servicing 401k plans AND how long they have been a 401k participant. There’s a big difference between 10 years of experience AND 1 year of experience repeated 10 times.
• Taking what we do seriously but not ourselves seriously.
• Rural America (especially Idaho, Montana, and Wyoming) can teach valuable life lessons, to those paying attention.