Retirement. The time to start planning is now.
Secure your future, maximize your business’s potential and help your employees plan for their retirement. No matter where you and your company are with planning for your retirement, your business’s future and your employees’ retirement plans, CCR Wealth can help. We’ll work with you to align your goals, your employees’ goals and your business plans to maximize contributions and tax efficiency.
An Inclusive Approach
We work with more than 300 qualified plans and thousands of participants in the Greater New England area, carefully defining, analyzing and monitoring plans to make sure you can best meet not only the needs of your business, but the varied needs of your employees as well. Choosing retirement plans can be a daunting task — CCR Wealth streamlines the process, identifying the highest quality retirement plans and then providing comprehensive ongoing support.
Fulfill Your Responsibilities
ERISA law requires that companies offering corporate retirement plans act prudently to meet their fiduciary responsibilities. CCR Wealth supports clients in meeting those obligations by offering a 401(k) retirement plan model with cost-efficient open architecture, unbiased investment advisory services, and full disclosure. Our model provides co-fiduciary insulation for plan sponsors, helping to ensure employees’ required investment needs are being met through the plan.
A Wide Range of Options
Working with some of the top retirement plan providers in the country, we offer an array of products tailored to your specific situation and goals. With no proprietary products to sell, we work with you to select the most appropriate investment alternative for your needs:
An Objective, Carefully Tailored Process
Through a seven-step process, we work with you to define, analyze,
meet and monitor your firm’s retirement plan goals.
Identify goals and objectives
We start by meeting with your plan trustee and key employees to identify your company’s goals and objectives. We help prioritize your goals, including partner savings, employee benefits, legal compliance and firm tax efficiency.
Evaluate current plan
We help determine the ideal retirement plan design and investment platform options. Our team consults with your third-party administrator to help ensure that the plan design and platform solutions work together seamlessly. We then gather multiple proposals and analyze them to find the best fit for your company.
Present Recommendations
We review the plan design and investment platform options with you to help you determine the solution that best aligns with your firm’s goals and objectives.
Establish fiduciary audit file
We work with you to help ensure your firm meets all its fiduciary responsibilities and is compliant now and in the future. The fiduciary audit file consists of an Investment Policy Statement, 404C compliance folder, vendor contracts, procedures and minutes, and government reporting.
Conduct enrollment and education meetings
Our team conducts enrollment and education meetings for you and your employees. These meetings help increase plan participation and maximize the value of the plan benefits for both trustee and plan participants.
Monitor, report and educate
We conduct yearly review meetings with your plan trustee(s) as well as plan participants. At these meetings, we educate all parties about new laws, investment options and market conditions. These annual reviews allow us to continue to improve the plan and confirm that it is the best solution for your company.
Provide ongoing support and services
We believe a successful retirement program depends on solid investments, comprehensive record-keeping and administration, and hands-on investment consultation. We therefore provide general retirement plan consulting services, retirement plan administration
services, and financial planning for highly compensated employees.
