401(K) Planning and Other Corporate Retirement Plans

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Independent retirement plan providers can focus on you

Independent record-keepers and advisors can devote themselves to serving your best interest and through Schwab can offer you both proprietary and non-proprietary products to meet a wide range of needs. By working together, providers can offer a full suite of services to employers and employees while focusing on their specific expertise. It’s a collaboration with one basic goal: helping people with retirement.

Flexibility to design the plan you need

You have access to a wide array of investments that give you genuine flexibility and choice. Schwab’s commitment to open architecture means that you and your retirement plan providers can build a plan around the investments that make the most sense for your employees.

Fiduciary support

For plans where you have certain fiduciary duties under the Employee Retirement Income Security Act (ERISA), your independent retirement plan providers can help you make important plan-related decisions and work on staying compliant with applicable regulations. And if you require trustee services, Charles Schwab Trust Bank can serve as a directed trustee for your plan.

Employee education and guidance

When your employees know they’re making progress on their retirement savings, they can stay focused on business. With support from your independent retirement plan providers, you can give your employees industry insight, educational programs, and technology tools that help them make informed decisions about their financial futures.

A range of investment choices for every retirement strategy

Schwab was one of the first in the industry to expand investment choices beyond proprietary funds. Our open architecture approach gives you access to one of the largest selections of investment choices available, based on the plan provisions you set, for each and every employee.

Directed trustee services from Charles Schwab Trust Bank

Plan sponsors that elect a corporate trustee can choose to have Charles Schwab Trust Bank serve as the directed trustee and custodian for their plan.

Independent record-keepers

  • Customized plan design and administration
  • Local, regional, and national presence
  • Participant enrollment and education support
  • Fiduciary oversight and compliance

So Much More....