Retirement Plans
Managing a retirement plan also comes with significant fiduciary responsibility, ensuring compliance, overseeing investments, and protecting the best interests of employees.
Through our partnership with Novus Advisors, employers can reduce this burden by outsourcing key fiduciary duties. This helps minimize risk, streamline plan management, and give businesses confidence that their retirement program is supported by a sound fiduciary process.
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BSi helps employers design and administer 401(a) plans that provide a structured, tax-advantaged way for employees to build retirement savings. Employers set the contribution rules, ensuring consistency and compliance.
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BSi develops and manages 401(k) plans that give employees flexibility to save for retirement through pre-tax or Roth contributions, often with employer matching. This benefit supports financial wellness while helping employers attract and retain talent.
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BSi offers a Multiple Employer Plan (MEP), allowing multiple businesses to participate in a single retirement plan to reduce administrative burden, costs, and fiduciary responsibility. This pooled approach provides economies of scale, streamlined compliance, and professional plan management for participating employers.