Today's business owners need every tool to compete for top talent. Well-designed employee retirement plans can give you that competitive edge. At First Bank, the Wealth Management team will design a benefits package that meets your business and personal objectives.
- Develop a strategic plan through a proven results-based approach.
- Facilitate a seamless conversion in 60-90 days, positioning you to succeed.
- Implement an education and communication program/initiative that's easy for employees to understand and act on.
Most employers focus on plan costs and investments fund performance, which are important. But the single most important factor in achieving maximum retirement readiness for you and your employees is an effective plan design based on your current business objectives and plan demographics. This critical component is regularly overlooked. The right plan design can make a material difference in maximizing Owner and employee contributions, and participant engagement.
Yes. Often Plan Sponsors don’t understand the “all-in” cost of their Employee Retirement Plan. It’s very confusing if you aren’t well versed in what you’re looking for, but obviously important. With just a little bit of information we can show you what you and your employees are actually paying, and how that compares to other plans similar to yours in the marketplace.
We are experts in all phases of Employee Retirement plans. As a professional Fiduciary we put our valued Client’s interests first. We also offer you the ability to outsource the majority of the work, time and liability associated with your Employee Retirement Plan, so you can have the peace of mind that it’s being managed correctly, and focus your attention on the more important task of running your business.
*Investment and insurance products are offered through OSAIC INSTITUTIONS, INC., Member FINRA/SIPC. Osaic Institutions and First Bank are not affiliated. Osaic Institutions does insurance business in California as Osaic Institutions Insurance Agency, CA Agency License #OH30186. Products and investment advisory services made available through Osaic Institutions are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value. First Bank Wealth Management is a trade name of First Bank, and certain products and services are provided through First Bank, and its affiliates and subsidiaries. Neither Osaic Institutions or First Bank, nor any of their affiliates or financial advisors, provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. Use FINRA’s BrokerCheck to learn about the professional background, certifications, licenses, and any regulatory violations or complaints for any financial advisor.