Evaluation & Discovery
First, we identify exactly what you want & what is needed.
Qualified Retirement Plans are multi-dimensional with many dependent moving parts-parts that should be custom fit for each client’s unique situation. In our opinion, some in our industry feel one size fits all, and a successful plan can be served up in one meeting. There is no such thing. It’s a disservice to take a narrow-minded approach to providing such an important & valuable program.
A 401k is one of the most effective business productivity tools available.
It can help attract, retain, and inspire employees and even improve their health. Is your 401k doing that for you?
- When was the last time your plan was given a thorough review?
- Are you working with an independent, unbiased advisor who adds value?
- Do you & your employees consider your 401k the most valuable benefit at your company?
- Does your current plan reflect the same high quality level of your firm?
- Is your plan so good that employees are saying their plan has “Revolutionized” the way they look at their 401k?!
The definition of insanity is doing the same thing over and over and expecting different results
— Albert Einstein
A lot of Plan Sponsors are making changes....
"47% of 401(k) plan sponsors said they are actively seeking a new adviser AND 48% of plan sponsors are considering a new record keeper. 88% of Plan Sponsors are planning to make design changes with 93% planning to make changes to their investment menus." (Source - Pensions & Investments - August 23, 2022 - Fidelity study)
What we cover in a Discovery Meeting
With Encore, A Discovery Meeting is our first scheduled meeting, and normally in person. It’s much more than a meet & greet- It’s an opportunity for us to get to know you and your firm AND for you to get to know Encore 401k, LLC. We will be very respectful of your time and make sure it is time well spent. Before the meeting, we will provide you with a list of the documents we'll need to collect.
A productive Discovery Meeting is the beginning of a long relationship, with the ability to build a program that will have a major impact on your firm and your employees for a lifetime. We cover the following:
- Your business or organization
- Your employees & demographics
- Your Plan History & Perception
- Each of the different components of your plan & product
- Your leadership team responsible for the plan
- Determining if we are compatible
- Thorough understanding of Encore
- If a full RFP Product search will be necessary, gain approval
- Collect the necessary information
- Answer any questions you have
Next Step: Solutions & Considerations
Discovery Meeting
There are no obligations, no costs, or strings attached.
Curious about how Encore would review your plan? Learn more about their philosophy and if this could be the start of something great.
About Encore 401K
Do you have a $100,000 401k Club?
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