Employer 401(k) Advice · Massachusetts
A Massachusetts 401(k) Adviser Based in Boston
Radius Wealth Management is based in Boston's Seaport District, at 1 Marina Park Drive. We advise Massachusetts employers on their 401(k) plans: what the plan costs, how it is structured, and whether you are documenting the fiduciary duties that come with offering one.
Massachusetts employers compete for talent in professional services, healthcare, education, technology and life sciences, and a well-run retirement plan is part of that offer. We help you keep it working for your employees and for the company.
What We Do
401(k) Plan Advice for Massachusetts 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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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 Massachusetts Employers Often Ask About
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01
Your plan as a hiring tool
In a tight market for skilled workers, features like an employer match, safe harbor contributions and a Roth option help your offer stand out. We help you weigh what each feature costs against what it does for retention.
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Testing and highly paid employees
Plans where higher earners contribute much more than the rest of the team can fail annual nondiscrimination tests, which may mean refunds to those employees. Safe harbor designs can avoid the tests. We coordinate with your third-party administrator on the options.
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Massachusetts nonprofits and the CORE plan
The Commonwealth sponsors the CORE plan, a 401(k) designed for small nonprofits. Nonprofit employers may want to compare it with a plan of their own. The state has also been considering a retirement program for employers that offer no plan, so check the Treasurer's site for the current status.
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What your plan really costs
Recordkeeping, advisory and investment fees are not always easy to see. We benchmark your plan against a proposed alternative at no charge, and explain what we find in plain terms.
Free Checklist · 7 pages
The 401(k) Fiduciary Checklist
Forty questions for owners, HR and finance leaders about fees, investments, operations and filings, with a calendar of key dates for a calendar-year plan.
Common Questions
Questions Massachusetts Employers Ask
Often not. If your plan is with a major recordkeeper, we can frequently step in as the plan's investment adviser alongside an independent third-party administrator. Often no assets need to move, and employees keep their accounts.
Employers who offer a plan are responsible for selecting and monitoring its investments and service providers and for keeping fees reasonable. Our free fiduciary checklist walks through the questions to ask.
Yes. Send us your fee disclosure and we will review the plan's costs, investments and structure, with no cost and no obligation.
Yes. Many of the plans we review belong to small and mid-sized businesses, including companies that are starting a plan for the first time.
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 Massachusetts 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.