De Boer, Baumann & Company (DB&C) Advisors, LLC bring dedicated resources and experience to businesses seeking tailored retirement plan strategies. In addition, we review your investment policy statements and educate you on potential compliance considerations and regulations.
Building your retirement plan begins with listening. We learn about you and your business then we analyze your situation, circumstances, goals, and objectives. We seek to recommend strategies designed for success that align with your needs and priorities. We also help you implement and monitor progress, to ensure the plan aligns with your goals.
We are an independent, experienced, and consultative team that seeks to help you simplify the complex roles of plan administration. We apply a consultative and customizable approach to help you design &; tailor plans to meet specific situations and the needs of your organization. We have nearly 30 years of experience with plan design, administration, and tax compliance. We have a Retirement Plan Consultant who will work with you and your plan administrator to keep you up-to-date on your roles and responsibilities as the fiduciary. Additionally, we have over 25 years of experience with investment selection, investment monitoring, and plan consultation.
Ongoing service is important to us. We strive to be your advisor for life by offering you continuous support services such as:
We adhere to a high standard of fiduciary excellence as we assist you with:
Assist in the preparation or review of the Plan's investment policy statement ("IPS"). Act as your liaison, working with service providers, product sponsors or vendors. In such cases, we act only in accordance with your instructions on investment or Plan administration matters and shall not exercise judgment or discretion.
Perform ongoing monitoring of investment manager(s) or investments in relation to the criteria specified in the Plan's IPS or other written guidelines you have provided.
Recommend, for your consideration and selection, 1) specific investments to be held by the Plan, or in the case of a participant-directed defined contribution plan, to be made available as investment options under the Plan; and 2) investment replacements if an existing investment is determined by the Plan Sponsor to no longer be suitable as an investment option.
Prepare reports describing the performance of Plan investment manager(s) or investments, as well as comparing the performance to appropriate benchmarks.
Provide training for the members of the Plan Committee with regard to their service on the Committee, including education and consulting with respect to fiduciary responsibilities.
We can assist you in making changes to investment options under the Plan.
As part of our Ongoing Investment Recommendation Service, we can assist you in identifying investment options in connection with the "broad range" requirement of ERISA 404(c).
As part of our Ongoing Investment Recommendation Service, we can assist you in identifying an investment product or model portfolio in connection with the definition of a "Qualified Default Investment Alternative"; ("QDIA") under ERISA.
We believe that a successful participant education and communication program is critical to the success of your retirement plan. We work with you and your retirement plan committee to create the most appropriate program for your employee population which may include:
On-site group participant education and enrollment meetings to help your employees understand their options and pursue their unique financial objectives
Account information available via internet or telephone
Online education materials, tools and calculators
Updates on the current market environment
Assist individuals with general investment allocation guidance
401(k) rollovers - provide participants with rollover assistance and investment guidance