Employer 401(k) Advice · Florida
401(k) Advice for Florida Employers and Practices
We advise Florida employers on their 401(k) plans, with a particular focus on professional practices such as dental and medical offices. Dr. Richard Huot, a former practice owner, works with healthcare professionals and practice owners from Boston to Vero Beach.
Meetings in the Vero Beach area are by appointment, and we work with employers across Florida by video and phone.
What We Do
401(k) Plan Advice for Florida Employers
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01
Plan Design & Setup
Safe harbor, traditional, Roth and profit-sharing options, coordinated with your recordkeeper and plan administrator.
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02
Fiduciary Support
We help document how investments are selected and monitored, and how fees are reviewed.
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03
Fee Benchmarking
A side-by-side look at what your plan costs, with no charge and no obligation.
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04
Employee Education
Enrollment meetings, group sessions and one-on-one conversations for your team.
Local Considerations
What Florida Employers Often Ask About
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01
Practices with staff to cover
Dental and medical practices often combine a 401(k) with profit-sharing or a cash balance plan so that owners can save more, while covering staff in a way the plan's rules require. We walk through how the pieces fit and what covering employees costs.
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02
No state program that we know of
We are not aware of a Florida program requiring private employers to offer a retirement plan, so the decision to offer one is usually about hiring and retention. Rules can change, so confirm with your attorney. If you have employees in other states, those states' programs may apply.
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03
Planning for a practice sale
A retirement plan, its terms and its funding can come up when a practice is sold or merged. Planning ahead gives you more options, including how the plan is handled at closing.
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04
Reviewing what the plan costs
Fees can be hard to see in a plan's disclosure. We benchmark your plan against a proposed alternative at no charge, so you can judge whether the costs make sense.
Free Guide · 7 pages
Retirement Plans for Dental & Medical Practices
How practice owners combine a 401(k), profit sharing and a cash balance plan, what it costs to cover the team, and what to settle before a practice sale.
Common Questions
Questions Florida Employers Ask
Our office is in Boston. Meetings in the Vero Beach area are by appointment, and we work with Florida employers by video and phone.
Yes. Often we can serve as your plan's investment adviser alongside an independent third-party administrator without moving assets.
Some practices do. It can increase what owners may save, but it carries funding obligations and requires an actuary. Our guide for practice owners explains the trade-offs.
Yes. Send us your fee disclosure and we will review the plan's costs, investments and structure, with no cost and no obligation.
Prefer to Talk It Through?
Request a Complimentary Plan Review
Send us your plan's most recent fee disclosure and we will review its costs, investments and structure, then explain what we find in plain terms. No cost and no obligation.
This page is general information about 401(k) plans for Florida employers. It is not individualized investment, tax or legal advice, and is not an offer to buy or sell any security. State retirement-program rules change; confirm current requirements with your state's program and your legal and tax advisors. Radius Wealth Management LLC provides individualized advice to residents of a state only where permitted. Our office is at 1 Marina Park Drive #1410, Boston, MA 02210. Meetings in the Vero Beach, Florida area are by appointment.