Retirement Plan Services

A Better Way To Retire

Austin Capital Retirement Plan Services has provided service to plan sponsors nationwide since 1993 by making consistent investments in people, technology and processes. We continue to evolve and innovate in order to stay at the leading edge of the retirement plan industry. Our broad-based practice provides the flexibility and expertise needed to provide true solutions for your retirement plan needs.

Our service includes one-on-one consulting on plan design and documents, a dedicated account team for daily operations, and the reporting needed to help document processes and make critical decisions about your retirement plan. By operating in an unbiased, open-architecture platform, Austin Capital is able to provide your plan with access to the fund selection that is right for your particular needs. We know that a successful corporate retirement plan is based on creating a true partnership.

Our practice expertise includes:

  • 401(k) Plans
  • Cash Balance Plans
  • ERISA and Non-ERISA 403(b)
  • 457 Plans
  • Non-Qualified Plans
  • Section 125 Plans

Tools & Resources

Find out how our platform and team can assist with corporate retirement plan needs.

See how cost-effective it is to set up your One(k) Plan to help you reach your retirement goals.

Learn how a Cash Balance Plan can work for your business.

Fiduciary Responsibilities of Plan Sponsors

Plan Sponsors have numerous fiduciary responsibilities when sponsoring a qualified retirement plan. The Defined Contrbution Plan marketplace has seen a number of changes in the last couple of years and it is difficult to keep up with laws and rule changes. Although there are constant changes in the Defined Contribution Plan marketplace, it is still a key benefit most employers want to offer their employees.

Along with the benefits comes legal responsibility for the employer that sponsors a Plan. The Plan and its Fiduciaries are subject to potential civil and criminal liability under both the Employee Retirement Income Security Act of 1974, or ERISA, and the Internal Revenue Code. These challenges for the Plan Sponsor present opportunities for Financial Advisors who can assist the employer sponsoring a 401(k) plan in avoiding or minimizing legal liability related to the plan by conducting a “checkup” of a plan’s current operations and documentation.

Austin Capital works to stay abreast of new developments and communicating these changes to our clients.

Tools To Manage Plan Operations

Austin Capital provides a comprensive set of tools to help Plan Sponsors streamline and manage plan operations.

We recognize that most employers have little experience in operating a qualified retirement plan and look to us for our expertise in helping them manage their duties.

Austin Capital provides support for these, and many more items:

  • Investment Policy Statement support
  • Quarterly and Annual plan-level reporting
  • Benchmarking studies
  • Model Portfolio capabilities
  • Open Architecture investment platform

Fee Disclosure

The U.S. Department of Labor (DOL) now requires retirement plan administrators to provide more information about the fees and expenses associated with their plans. The purpose of the DOL regulation is to provide greater transparency and make sure that participants and beneficiaries have the information they need to make informed decisions about the investment of their plan accounts.

As a plan sponsor, you may want to give some thought to how your employees may react to the new disclosures. Some employees may think that you, as their employer, currently pay all the plan costs. When they receive the initial disclosures, they may think they are being charged new fees they didn’t have to pay before. And those who do realize they pay some plan costs may be concerned when they receive disclosures showing how those fees reduce their plan accounts. Here are some questions and answers about fee disclosure and how to prepare your employees for it.