Group Advantage Benefits
Available for Mercer Advisors TPA clients.
Direct Benefits
Reduced Liability
Daily valuation using separately managed accounts and/or investment pool options places more responsibility on participants to direct their investments. This reduces (but does not eliminate) the risk associated with the plan sponsor's role as a fiduciary with regard to investment performance. Using a professionally managed retirement plan document and administration service also can reduce liability.
Reduced Hassle/Time of Plan Management
Access to a participant portal offering 24-hour online access and a 1-800 voice response system reduces the need for the plan sponsor and, if applicable, the business/benefits manager to field participant inquires. The availablity of daily valuation reporting provides participants with real-time access to their account balances. Further, by consolidating services for plan document design, administration and investment management with one firm, you streamline your time investment as the plan sponsor.
Reduced Costs
A comprehesive retirement plan design will minimize setup time, plan administration costs and staff costs while maximizing your funding opportunity. Using a single firm can also minimize the total cost of the initial plan implementation and ongoing management costs.
Reduced Income Taxes
Qualified plan contributions, whether in the form of 401(k) deferrals or contributions, reduce income taxes owed in traditional plans. Roth plan contributions have no upfront deduction but are not subject to tax upon distribution when qualifying withdrawals are made.
Asset Protection
The Shumate Supreme Court ruling in 1991 grants creditor protection for qualified plan assets. Thus, transferring assets into a qualified plan can shelter your future retirement assets from an unfortunate financial situation where your assets could be at risk due to creditors' claims.
Employee Benefits
The popularity of a daily valuation plan continues to grow, making it an attractive employee benefit. The availablility of a qualified plan, especially when coupled with daily valuation, can also be a valuable staff retention tool.
Investment Performance
Using Mercer Advisors' investment management can increase expected returns and reduce your market risk.
Discounted Financial Planning
All plan participants qualify for a discount on Mercer Advisors comprehensive financial planning services.
Mercer Global Advisors Inc. is registered with the Securities and Exchange Commission and delivers all investment-related services. Mercer Advisors Inc. is the parent company of Mercer Global Advisors Inc. and is not involved with investment services. Forbes and Investment News rankings are for Mercer Global Advisors Inc.
