401(k) Plan Annual Retirement Review

A review may examine the plan’s structure, investment options, management approach, fiduciary considerations, and participant education. It is also an opportunity to discuss whether the plan continues to support the employer’s objectives and employees’ retirement savings goals. Lewis & Associates provides personalized advisory guidance based on the plan and organization rather than applying a generic model.

An annual review helps employers revisit whether plan features, investment choices, oversight, and employee support remain aligned with current objectives. Business needs and participant circumstances can change, so periodic attention may identify areas requiring discussion or adjustment. The review provides a structured opportunity to make informed decisions with guidance from an independent fiduciary advisor.

Yes. The service catalog states that Lewis & Associates provides advisory guidance on investment options for corporate retirement plans. A review can address how the investment lineup fits the plan’s goals and employee needs. Specific recommendations depend on the existing plan, available choices, and the information discussed during the advisory process.

Employee education is included among the stated services for small business retirement plans. Education can help participants better understand their workplace retirement benefit and available investment choices. The specific educational support should be discussed in the context of the employer’s plan, workforce, and objectives.

Yes. Lewis & Associates offers small business retirement plan solutions that include plan design, fiduciary guidance, employee education, and investment oversight. The firm works with business owners seeking a retirement benefit for themselves and their teams. Plan recommendations and implementation considerations are addressed based on the organization’s circumstances.

Fiduciary guidance involves reviewing retirement plan decisions with attention to the employer’s and participants’ interests. Lewis & Associates describes its advisory approach as fiduciary and personalized. Its stated fiduciary duty extends solely to investment advisory advice and does not extend to other activities such as insurance or broker-dealer services.

The firm lists service availability throughout North Carolina, including Cary, Holly Springs, Raleigh, Fuquay Varina, Apex, Charlotte, Wake Forest, Chapel Hill, and Pinehurst. Offices are listed in Holly Springs and Raleigh. Employers can contact Lewis & Associates to discuss whether advisory support is available for their organization.

The service catalog lists monthly fees for assets under management for several advisory services, while pricing for 401(k) planning is not specified. Fees and the applicable advisory arrangement should be reviewed directly with Lewis & Associates before engagement. The firm also states that insurance products pay a commission, which may create a compensation conflict.