Defined Benefits
Defined contribution (DC) plans, including 401(k) plans and employee stock ownership plans, offer employers flexible options to match employee contributions and meet specific organizational goals. At HFG, our fiduciary advisors specialize in customized plan design and governance to improve employee engagement and retention. Work with our advisors to develop a defined contribution plan that enhances retirement readiness and supports your team’s financial future.
Advantages of Defined Benefit Plans With Hays
Variety of Options
It’s critical to find the right DB plan that works for your organization. Our advisors will help you determine which plans best suit your needs and thoroughly walk you through each with consideration and care.
Grow Employee Recruitment & Retention
Employees are drawn to DB plans due to their fixed benefit and contribution power. Providing a DB plan can elevate your recruitment strategy and improve retention of your top talent.
Custom-Built Strategies
Our advisors will conduct a thorough analysis before giving you high-level recommendations for your organization. We’ll then collaborate to put in place a handcrafted plan that’s best suited to your specific needs and long-term objectives.
Accessible Services
Accessibility is a priority for us. We team up with all industries and markets throughout the US. Depending on your location and preferences, we can meet with you virtually or in person. We also provide our services in English and Spanish.
Proactive Plan Management
Our experienced advisors take the burden of rolling out a retirement plan off your shoulders. From ensuring fiduciary governance to onboarding new and current employees, we support every stage of retirement planning so your organization can move forward with ease.
Boost Participant Engagement
Retirement readiness is central to our mission. We assist each of your employees with customized resources and interactive communication so they can improve their financial wellness.
Get the Most Value From Your Defined Benefit Plan
From choosing a retirement age to specifying contributions, our advisors assist in designing and monitoring your defined benefit plan so it provides maximum value to your organization. We offer a variety of investment capabilities tailored to your specific needs.
We help maximize the effectiveness of your defined benefit plan through:
- Investment management advice
- 3(38) fiduciary governance (OCIO)
- Administrative guidance and support
- Plan design
- Fiduciary advisory services
- Collective investment trusts
- Risk management
- Fee benchmarking
- Coordination of actuarial and compliance work
- Asset/liability matching
- Pension risk transfer
Find a Retirement Solution Your Employees Will Love—Work With Our Team Today
Learn whether a defined benefit plan can support the needs of your organization. Our retirement advisors will walk you through all your options and tailor a strategy to achieve your goals. Learn more by scheduling a consultation with us today.