Retirement Plan Services

The rules surrounding the creation and administration of employee-sponsored retirement plans are complex. Red Oak Financial Group excels in this nuanced environment. We take on the work for you.

Are you getting the most out of your plan? Developing and managing a company’s retirement plan is among the most specialized disciplines in the world of financial planning. It takes in-depth knowledge of government regulations, an understanding of employee liabilities, and a firm grasp on how to create the best possible scenario for employers and participants. For these reasons, fewer than 1% of advisors nationally specialize in this space. We do.

Red Oak Financial Group’s dedicated team of Retirement Plan Advisors, together with plan fiduciaries, assist you in keeping your plan compliant and up-to-date with Department of Labor, IRS and ERISA regulations:

  • 401(k)

  • 403(b)

  • Profit Sharing

  • Cash Balance

  • Pension

  • Simple IRA

  • SEP-IRA

Our independence allows us the ability to work with any record keeper or fund company to assist you in building the ideal retirement plan for your business.

Building a solid, well-run plan that is supported by professional advice can provide an advantage to help you attract and retain an effective, engaged workforce. A talented workforce plays a defining role in the accomplishment of your business objectives.

Red Oak utilizes a team-based approach, which includes a multi-generational group of advisors, with best-in-class planning and investment management technology. We guide your business and your participants through the various phases of the investment lifecycle as you journey to retirement, or the next phase of your financial life.

If you have a problem with your plan, are neglecting it simply because “it works,” or are looking for more responsible and efficient management of expenses within your plan, it may be time to consider a change.

You’re ready to elevate the quality of your plan, and we are here to help.

PARTICIPANT ENGAGEMENT

We feel that participants of company-sponsored retirement plans are one of the most underserved groups of investors, and it’s our goal at Red Oak to make that change. Most of an individual’s retirement nest egg lies in their 401(k) or retirement plan offered by the employer. Many do not have access to a wealth advisor. We believe that your employees benefit from regular professional advice and that this level of support will drive engagement.

Red Oak offers individual reviews with each of your plan’s participants to:

  • Provide financial education and advice they may not receive on their own

  • Take their entire financial picture into account, not just their plan assets

  • Help transform them into confident investors who feel ready for life’s money moments

PLAN GOVERNANCE

In this heavily regulated and complex area of your business, you need specialists on your side with the credentials and experience to offer your employees the most appropriate plan and manage compliance issues to reduce your risks:

  • Our governance process is designed with the sole focus on reducing your company’s liability

  • Red Oak assumes either 3(21) or 3(38) fiduciary responsibility for your plan’s investment line-up, if desired

  • Our in-house team of advisors, plus an extended team of outside ERISA attorneys, record keepers, and third-party administrators that Red Oak has identified as capable in this space takes a comprehensive approach, allowing you and your human resources and leadership teams to feel confident about your plan

INVESTMENT MANAGEMENT

Red Oak’s investment team holds over 100 years of collective experience building customized investment strategies to serve our clients’ needs. Coupled with our technology platform, we are able to analyze opportunities, monitor performance, and screen each fund in our lineup on a quarterly basis. Red Oak’s approach to investment management reduces your risk because we:

  • Utilize a proprietary screening program for the funds offered

  • Leverage the knowledge and experience of our in-house investment analysts

  • Build a team of thoughtfully selected advisors to serve your unique needs

BUSINESS OWNER SUPPORT

As the employer, you likely have significant personal assets invested within your company’s retirement plan. But your needs are different from your participants’. Red Oak is ready and prepared to serve you, too. Our team of advisors, investment analysts, tax planning professionals and portfolio managers will support you through the lifecycle of your business and through all of the important decisions and opportunities you’ll face.