HORAN Retirement Advisors - Plan Design

Plan Design

At HRA, we are passionate about helping you ensure a solid future for your business and your employees. Your company’s best interests are our top priority. We work as an extension of your team, listening generously to your specific goals and needs as we collaborate to create a plan based on your goals, priorities and desired outcomes.

Design elements impact every aspect of your plan – plan provisions, investments, recordkeeping, compliance and communication. One overlooked design element at the outset can cause unnecessary difficulties later. Our holistic approach reduces those risks and maximizes the benefits which result in helping you retain your top employees.

Together we create a three-year strategy with measurable deliverables and a one-year guide to launch your plan and engage your workforce. 

The value HRA brings to plan design is rooted in our team’s deep, broad knowledge and experience. Together, we will create strategies, establish goals and measure success:

Annual Assessment and Review – HRA keeps you on track by partnering with record keeping experts to review plan design and operation, as well as compliance testing results.

In-Depth Analysis of Current Plan Design – Together, we identify current provisions, confirm available options within your plan, discuss potential opportunities and future trends.

Structure the “Ideal Plan Design” – Our comprehensive approach includes fiduciary protection, automatic enrollment and contribution increases while promoting active participation to improve overall Retirement Readiness.

Measurable Results & Two-Way Communication – Together we will review regular stewardship results to determine where improvements can be made. More than that, we want your feedback on our value – and most important, what we can do better. 

                                          

HORAN Retirement Advisors In Action

The case study below illustrates HORAN Retirement Advisors’ commitment to delivering great outcomes for its clients. We believe benchmarking is a key component to plan design.

HORAN Knowledge Center

You’ve saved years for retirement. Once you reach retirement, how do you create a stream of in...
Twenty-five years ago a team of U.S. Department of Labor (DOL) Employee Benefits Security Administra...
HORAN’s David Lohre, Vice President and Investment & Retirement Plan Consultant, was inter...