Employee Benefits
No two 401(k) plans are exactly alike, so no two should be confined to a one-size-fits-all design. Some plans aim to minimize costs for the sponsoring company, others focus on reducing expenses for participants, and still others are crafted to help business owners maximize their contributions and investment options while managing varying levels of fiduciary responsibility.
At BlueSkye, our 401(k) design process begins with a thorough assessment of your goals and objectives, concluding with a customized plan design and Investment Policy Statement (IPS) tailored to your company’s specific needs.
Traditional “bundled” or “turnkey” 401(k) plans often fall short in both design and planning, potentially increasing liability by creating a false sense of shared responsibility. BlueSkye 401(k) plans overcome this by providing the cost efficiency of bundled solutions with the flexibility of open architecture—each plan uniquely customized to meet the distinct requirements of our clients.