401k Information

If you are looking for 401k information, it helps to know the basics before you begin comparing plans and providers. A 401k plan is a defined contribution plan, which differs from a defined benefits plan. Traditional company pensions, for example, promise a specified benefit, such as $200 a month at retirement. Your company's contributions must be enough to fund the benefit.

With defined contribution plans, employers or employees contribute up to a certain amount into the employees' individual accounts each year. Some examples include 401k plans, profit sharing plans, and employee stock ownership plans.

At Wellington Financial Group, Inc., we offer 401k information and plans for small businesses, to give you the tools needed to help your employees save for retirement. By offering such a plan, you will be able to save money over other plans as well as offer your employees maximum investment options.

We Educate Participants with 401(k) Information

We take direct responsibility for providing 401k information and education to your plan participants. We are a Registered Investment Adviser (RIA) with the SEC, and will provide professional money management services for any interested participants, no matter how small or large their accounts. They will also have the option to fully delegate the management of their plans to us.

When you compare Wellington Financial Group's plans to other options on the market, you will see that we offer the most benefits for you and your employees at the least expense. Now, you can give your employees the same--if not more--choices that large corporations offer them.

Contact us today for more 401k information or to set up your company's employee retirement plan.