BENCHMARK YOUR PLAN Challenges Empowerment Solution Benefits Commitment Get bac(k) to your business Simple to administer. Easy to understand. SHRM 401(k) Solutions by Raymond James is a pooled asset program built for small businesses that takes some of the burden of 401(k)s off your shoulders, giving you more time to run your business. START SIMPLE SHRM 401k Solutions by Raymond James is a brand name only. To learn more about Raymond James (ADV 2A) and how we work with them (Solicitor Disclosure), click here YOUR CHALLENGE In order to be competitive in today’s job market, offering a 401(k) is a must if you want to attract and retain top talent. A 401(k) plan offers employees the potential for financial security, but up until now, it also offered smaller businesses financial constraints, administrative headaches, and fiduciary liabilities. In other words, it has taken a lot of your time and your money. If you don’t currently offer a 401(k) plan, you’re not alone. Smaller organizations are less likely to provide American workers access to a 401(k) plan. In fact, only 49% of companies with fewer than 50 employees have access to employer-sponsored plans, vs 88% of companies with 500+ employees. Simply put, offering a 401(k) as a smaller organization has not been easy. Competing in the job mar(k)et. Learn More About SHRM 401(k) Solutions by Raymond James Let Raymond James show you how to save time, enhance fiduciary protection and possibly lower total cost, all without going through a conversion. First Name* Last Name* Email* Company By submitting this form you are agreeing to receive communications from SHRM and Raymond James about SHRM 401(k) Solutions by Raymond James and other related products and services. You can unsubscribe at any time by clicking ‘Unsubscribe’ at the bottom of any email you receive. By submitting this form you are acknowledging that you have read and agree to the SHRM Privacy Policy and Terms of Use. (Congressional Research Briefing, Dec. 2020, pg. 4). YOUR EMPOWERMENT The SECURE Act. Fast forward to December 2019 and the passing of the SECURE Act. It has been the most impactful retirement-focused legislation in over 15 years. It acknowledges that defined contribution plans (aka 401k plans) are the way Americans will retire in the future. It also acknowledges that small businesses need to be encouraged to offer these savings vehicles and that small business owners have not been given effective tools to take on this responsibility. These new regulations have empowered small and medium-sized organizations to take advantage of the retirement benefits typically only available from larger employers, including high-quality, competitively priced investment options. OUR SOLUTION SHRM 401(k) Solutions by Raymond James levels the playing field. It’s a game changer for small business owners and HR professionals. Through SHRM’s vast network of businesses and arrangement with Raymond James, you now have access to retirement plans on par with those offered by large companies at a reasonable cost, without sacrificing quality or giving up control of your plan’s design. It’s the easy way to beef up your benefits package and start attracting the top, dedicated talent you deserve. If you already offer a plan, do you know what or how you pay for your retirement plan service? You’re not alone if you don’t. In fact, nearly 50% of small businesses either had not reviewed plan fees in the last 12 months or were unsure if their organization had taken the time to benchmark plan costs. ** With SHRM 401(k) Solutions by Raymond James, your plan may have an opportunity to achieve significant savings. And for larger plans, you may have the opportunity to expand the services offered to your company and employees without increasing costs. ** Source: PLANSPONSOR 2020 Defined Contribution Plan Industry Report, page 74. 5 WAYS WE HELP YOUR BUSINESS BENCHMARK REPORT Save on Your Existing Plan We estimate a 30% to 50% reduction in total costs for plans with assets of $500,000 to $1 million, when compared to the median fee benchmark. We estimate the cost savings at 20% to 40% for plans with $1 million to $5 million in assets. Let Raymond James benchmark your plan to learn how much your organization could save. BENCHMARK YOUR PLAN 1 Per Fiduciary Benchmarks, Inc. Assumes average account balance of $50,000 and target retirement date fund re-enrollment for 80% of plan assets. There is no guarantee that these statements, opinions or forecasts provided herein will prove to be correct for your situation. Services rendered will be dependent on applicable agreements THE BENEFITS 401 Uncompli(k)ted. Raymond James has the experience, knowledge, and resources to manage and monitor everything that goes on with a 401(k) plan, from changes in regulations and legislation to new offerings. Reduce headaches from offering a 401(k) plan with this comprehensive retirement benefit solution. Make retirement savings straightforward and attainable. You’ll get the guidance and help you need to ease the burden of managing it all on your own. By letting Raymond James take on key responsibilities, you get more time to do the things that matter most to you. Make your organization more attractive to top talent. You’ll be the hero of your organization, helping to make your 401(k) offering the best it can be. OUR COMMITMENT 401 Dedi(k)ted. It gives your employees an easy and convenient way to save towards retirement. It’s a strong incentive for recruiting fresh talent to your company and retaining top talent. It’s also a strong incentive for your current employees to stay. It empowers them to take control and bolster their financial knowledge through our advisors. Because 401(k)s are such a valuable part of any company’s overall benefits package, partnering with SHRM 401(k) Solutions by Raymond James might just be that extra advantage your company needs to realize its full potential. START SIMPLE CONTACT US | 800.283.SHRM (7476) © 2021 SHRM. All Rights Reserved Privacy Policy Your California Privacy Rights | Terms of Use | Site Map SHRM provides content as a service to its readers and members. It does not offer legal advice, and cannot guarantee the accuracy or suitability of its content for a particular purpose. Disclaimer SHRM 401k Solutions by Raymond James is a branding name for the agreement between SHRM and Raymond James where Raymond James offers SHRM audiences with 401(k) retirement plan services. Raymond James is not affiliated with SHRM. 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Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability. Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users and/or members. 880 Carillon Parkway, St. Petersburg, FL 33716 (833)-440-401k(5) Privacy Notice | FINRA's Broker Check | finra.org | sipc.org