© 2019 Lestna Retirement, LLC. All Rights Reserved.  |  Form ADV  |  

BrokerCheck_logo-white.png
  • LinkedIn Social Icon
  • Twitter Social Icon
  • Facebook Social Icon

RETIREMENT PLAN SERVICES

When it comes to a retirement plan operation, we clearly understand all of the major challenges qualified retirement plan sponsors are going through. Periodic updates of the governing laws and tax provisions, proliferation of lawsuits alleging breach of ERISA provisions against plan sponsors, changes in the investment options landscape, and a burden of administrative work to mention a few. 

Successful 401(k)/403(b) plan is not only about setting up a retirement plan and making contributions. It is about aligning it with your goals, customizing it to the needs of your employees, continuous monitoring of investments and expenses, and ongoing communication.

Annual Fee: $5,000+

SERVICES WE PROVIDE TO RETIREMENT PLAN SPONSORS

FIDUCIARY ASSISTANCE

  • Implement fiduciary best practices

  • Review total plan costs and expenses

  • Review plan and its features for alignment with plan's objectives

  • Monitor third party service providers and their performance

  • Plan performance reporting

  • Guidance on structuring the plan to improve savings rates and retirement outcomes

EMPLOYEE GUIDANCE

  • Participant one-on-one advice

  • Retirement readiness, gap analysis, and retirement income projections

  • Review plan participants' current asset allocation and suggest ways to improve it

  • Design diversified investment portfolios

  • Manage and rebalance investment portfolios

  • Ongoing support via phone, email, or video calls

INVESTMENT GUIDANCE

  • Develop Investment Policy Statement (IPS)

  • Develop and streamline the investment menu

  • Identify Qualified Default Investment Alternatives​

  • Monitor investment expenses

  • Monitor investments and investment managers

  • Evaluate plan investment options and assess the suitability

ENROLLMENT AND EDUCATION

  • Conduct enrollment meetings

  • Enrollment booklet

  • Conduct educational seminars

  • (k)nowledge - an educational plan that has 12 distinct educational modules and employs video, animation, and gaming technology to engage plan participants

 

RECORDKEEPING

To offer the full complement of retirement plan services, we partnered with Professional Capital Services (PCS).  PCS is an independent recordkeeper that offers a conflict-free recordkeeping solution with no funds to push and no hidden agenda. 
PCS' cutting-edge technology gives you valuable tools to help spend less time administering the plan and free up more time to focus on your business.

PLAN SPONSOR WEBSITE &    ACCOUNT MANAGEMENT

  • An intuitive interface with up-to-date information about the Plan

  • View your plan’s current account balances by investment and by source, overall fund performance within time increments, latest fund information, participant categories, and

  • Online reports and forms

STATE-OF-THE-ART DAILY VALUATION

  • Real-Time Vesting Service Computation

  • Calculation of Minimum Required Distributions

  • Daily Processing & Reconciliation of Account Activity

  • Online Distributions and Paperless Loan Capabilities

  • Daily Valuation of Participant Accounts

ADVANCED TOOLS

  • Streamlined payroll submission via Paysnap, a flexible 360 degree integration with leading payroll providers

  • Automated Funding Requests (AFR)

  • Advanced enrollment

  • Plan-level reports and notices

CLIENT SERVICES

  • Quality Driven, Hands-On Support

  • Tactical and Strategic Support

  • Dedicated Installation Specialists

  • Single Point of Contact​