Retirement
Retirement Solutions
Our retirement plans are uniquely designed as a fringe benefit solution for companies working on projects subject to the Davis-Bacon Act (DBA}, Service Contract Act (SCA), and state prevailing wage laws. Boon is dedicated to providing transparent, effective and professional investment management services to 401(a) and 401(k) plans.
Serving as a single point of contact, Boon delivers the following optional services:
- ERISA, investment and compliance reviews
- Ongoing performance monitoring
- Fund selection
- Day to day technical support to both plan sponsors and employees
- Facilitate the 5500 filing, and compliance testing and audit support
- Subject matter expertise on 401(a) and 401(k) plans
- Lead educational enrollment meetings and optional participant level advice
- Ensure accurate and timely processing and reconciliation of contributions
Our team employs a three-phase approach to each retirement solution.
- Consult: We do an extensive review of compliance, plan design, ERISA issues, and investments. We delve into the needs of each individual company to create a win-win situation for the employer, as well as their employees.
- Implement: During our implementation phase our team provides streamlined plan design optimization with options for customized allocation.
- Service: Coordinate all ERISA compliance, help with day to day participant issues, serve as co-fiduciary for the investment selection and ongoing monitoring.
- From annual plan reviews to technical questions regarding plan documents, mergers and acquisitions, our experts are there every step of the way.
Acquaint yourself with our expert-backed retirement solutions.
