CALL 1-877-836-1993
How Does This One-of-a-Kind Opportunity Work?*
If you transfer a 401(k) plan with at least 50 plan participants and $5,000,000 in plan assets before the end of June, 2019, there will be no setup or ongoing 401(k) plan costs associated with any of the brokerage-window accounts established by your plan participants.
➤ Zero asset-based costs for plan provider services.
➤ Zero ongoing recordkeeping or administrative costs.
➤ Thousands of investments available with no asset-based investment costs.
Even better, we promise the costs of your entire Perfect401(k)TM plan will be lower than the industry benchmark for a plan of its size as reported by “The 401(k) Averages Book”, 18th Edition – the oldest and most recognized 401(k) plan benchmarking source since 1995.
Reach out to us to learn more about this one-of-a-kind opportunity.
How GREAT is this deal?
On average, you could retire 7 YEARS earlier!
Consider the following...
➤ The average 401(k) plan participant has 25 more years to invest for retirement.
➤ The average 401(k) plan participant currently has an account balance of $96,000 and makes $5,000 in annual 401(k) salary deferrals.
➤ The average 401(k) plan participant pays 401(k) plan costs (visible and hidden) of about 1.2% of their plan assets each year for a $5,000,000 401(k) plan.
Given these statistics, our limited time offer could increase your 401(k) balance by over $180,000 at your retirement, adding 7 YEARS worth of additional average annual living expenses!
If your 401(k) isn't offering this kind of value, helping with recruitment, reducing employee turnover, and increasing employee morale, then why not ask for a full proposal now and take advantage of this one-of-a-kind zero-cost brokerage window account offer?
*Terms and Disclaimers:
To initially qualify for the “No-Cost Brokerage-Window Account “offer a service agreement with Everington Consulting, Inc. (“ECI”) must be signed by an authorized party of the 401(k) plan sponsor and received by ECI no later than June 30, 2019 for the conversion to ECI as a plan provider of a 401(k) plan having at least $5,000,000 in current plan assets and at least 50 plan participants with account balances.
Once established, the “No-Cost Brokerage-Window Account” offer extends for the life of the 401(k) plan (“Plan”) relationship with Everington Consulting, Inc. as a Plan provider unless the Plan sponsor agrees in writing, or via a negative consent process, to a change in contractual terms. A credit equal to the Plan’s recordkeeping and administrative fees (currently billed semi-annually) will be applied for all each billing period subject to the following conditions:
-
Valid for plans with at least 50 participants where assets held in brokerage-window accounts may not exceed 50% of all Plan assets at the end of the recordkeeping/administrative period.
-
Total Plan assets at the end of the recordkeeping/administrative billing period must be at least five million dollars ($5,000,000).
In the event that any of the above conditions are not met, the Plan will not have a credit as described above applied and will be billed recordkeeping/administrative expenses for that prior billing period as per the applicable service agreement(s).
The recordkeeping/administrative credit does not apply to transaction-based participant-related requests such as loan or distribution processing.
The Plan must utilize the plan providers and Plan features identified in the Plan Cost & Services Proposal as provided by ECI to include Charles Schwab Bank as a custodian of Plan assets and Wellington Consulting Services, Inc. (WCS) as an ERISA Section 3(38) fiduciary to the Plan, as well as WCS’s recommended list of Designated Investment Alternatives (DIA’s) and participant-optional managed portfolios.