Fiduciaries are individuals who manage financial assets for another person under a legal obligation to put the client’s needs first. At Fort Pitt Capital Group, our fiduciary services help Pittsburgh retirement plan sponsors reduce liability, address and adhere to IRS and Department of Labor requirements and ultimately save you time. We act as a fiduciary advisor or investment manager to your retirement plan, sharing the risk and keeping your employees’ best interests at the forefront.
If you’re a 401(k) plan administrator in Pittsburgh, you know the importance of a 401(k). These retirement savings accounts allow employees to set aside a portion of their salary and stockpile it into their long-term investments. As an employer, it’s your job to make contributions to those retirement plans as well.
We help you establish a functional and attractive 401(k) plan to help you retain an excellent team of employees and keep your business operating successfully.
Administration and compliance is the process of adhering to federal and state laws and regulations when providing employees with benefits. We actively monitor your plan to ensure it aligns with applicable legal requirements and include you in the necessary discussions.
We check in with you about matters pertaining to:
- Legislative changes and their impact
- Audit support
- Safe harbor plan design
We’ll educate your employees on the ins and outs of your retirement plan through group sessions and one-on-one discussions so your workers fully understand the process of saving for retirement.
No two employees are the same, so why should their financial plans be? Our consultants will develop, explain and maintain retirement plan options that will satisfy every employee.
For retirement plan consulting in Pittsburgh, choose Fort Pitt Capital Group. Our trained advisors will evaluate risks and create intricate asset allocation models for your retirement plan, as well as provide informed investment advice to your employees. Our database holds over 25,000 mutual funds, so you can be sure to get results that work for you.
