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COVID-19 Update

Alliant Wealth Advisors is an "essential business" under Virginia state law and we remain fully operational during the COVID-19 crisis.

To keep our clients, staff and colleagues safe we are currently holding all meetings via video conferencing. And we are alternating a small number of staff in our office while the majority serve you from their home.

Speaking of our office. Our headquarters in Prince William will relocate to the Signal Hill Professional Center at 9161 Liberia Avenue, Suite 100, Manassas, VA 20110 effective Monday, April 20, 2020.

Whether we are virtual or in person, we are here for you. Please keep safe.

Best Regards,

John Frisch, CPA/PFS, CFP®, AIF®, PPC®

President

A Better
401(k) Solution

  401(k) and 403(b) Plans Made Simple  


Secure Retirement by Design

Alliant Qualified Plans provides a consultative process backed by an ultra-high level of service and state-of-the-art technology. Learn More

Better Plans

We offer better 401(k) and 403(b) plans to help retirement plan sponsors improve their employees’ ability to build toward retirement, reduce the potential personal liability of their plan fiduciaries, and simplify plan compliance and administration.

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Our Differentiators

Better Plan Investments

We access the low-fee funds offered by institutional money managers.

Better Participant Experience

Better funds along with our professional investment management, broad financial education and mobile account tools result in more engaged, better invested, better prepared employees.

Reduced Liability for Plan Sponsor Fiduciaries

We accept delegation – and liability – for investment selection and monitoring under ERISA 3(38).

 

TOP 9 COMMON MISTAKES OF PLAN SPONSORS

The most common mistakes made by well-meaning companies and business owners include a failure to:

  • 1. Establish and follow written investment policies and procedures

  • 2. Understand sponsor fiduciary duties and potential personal liability

  • 3. Apply innovative plan design strategies to achieve employer/employee goals

  • 4. Monitor and replace poor investment options

  • 5. Understand and evaluate plan fees

  • 6. Administer the plan correctly, monitor periodically

  • 7. Identify conflicts of interest

  • 8. Provide employees the retirement tools they need

  • 9. Take action

  • Let’s start the conversation.


Going the extra mile

avatar The retirement-plan business is a competitive one. We deliver an “above-and-beyond” level of service that we believe all businesses should demand.

Joe Walsh heads Alliant Qualified Plans. His passion is working with employers to design and manage innovative 401(k) and 403(b) plans that meet organizational goals and employee needs. Joe’s expertise as a professional retirement plan consultant is backed by 30 years’ experience with money center banks providing clients with 401(k), investment management, pension, custody, and trustee services. This combination makes him a uniquely qualified advocate and partner for Alliant’s clients.

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  • CONFLICT FREE | Your Fiduciary

    CONFLICT FREE | Your Fiduciary

    Objectivity is the hallmark of our services and advice – we’re conflict free today and we’ll continue to be so, just as we’ve always been. As a retirement plan sponsor, you need to have absolute confidence that your provider is impervious to the influences of third-party financial institutions.

  • PEOPLE | Commitment to You, Your Employees

    PEOPLE | Commitment to You, Your Employees

    The ability of many Americans to retire has been questioned by the news media and government leaders, as well as individuals. It is with those concerns in mind that Alliant has developed a slate of distinctive retirement plans, each with its own unique set of qualities.

  • OUR BEST | We Do Things Right

    OUR BEST | We Do Things Right

    Beginning with your goals, we help you strategically design both 401(k) and 403(b) plans to benefit your organization and your employees.

  • A LEGACY OF TRUST | Your Needs are Important to Us

    A LEGACY OF TRUST | Your Needs are Important to Us

    For more than a quarter of a century, Alliant Wealth Advisors has built a proud tradition of integrity, trust and financial excellence.

Latest News

Best Practice #10: Utilize Technology

March 1, 2017—Welcome to the Alliant Best Practices Series for 401(k) Plan Sponsors, in which we offer 10 best-practice essentials for helping plan participants achieve retirement plan success. Here’s the tenth and final best practice in our series.


In our last post we talked about safe harbors options. In this post we’ll talk about how we are utilizing cutting-edge technology to the advantage of plan sponsors and participants. When used right, technology brings companies greater organization and efficiency. Here are a few key examples.

Bi-Directional Data Feed

Implementing a bi-directional feed between the payroll provider and the record-keeper will help keep records accurate and up-to-date, as well as eliminate unnecessary administrative work. Once this system is implemented, any participant deferral changes will automatically update on the payroll side, and vice versa: any payroll changes via the plan sponsor will update the record-keeping as well.

Participant Communication Automation

One of the key responsibilities plan sponsors have under ERISA is delivering sufficient and timely notification to plan participants. As Millennials – a notably tech-savvy generation – are making up an increasing percentage of retirement plan participants, it is prudent for plan sponsors to consider how their approaches to technology differ from previous generations. Are your plan’s notices entirely paper-based, and have you explored the breadth and depth of your electronic communication options? Many up-and-coming plan participants, for example, now call “checking the mail” opening up a mail app in their smartphones.

Auto Termination for <$5k Balances

Retirement plans tend to accumulate clutter over time as employees come and go. When such employees are terminated it makes sense to have a default process in place to address their remaining balances. Auto termination is one such option.

With Auto Termination your vendor, not you, will automatically contact terminated employees with balances less than $5,000 to make arrangements for transferring them out of the plan. If a participant will not provide direction for how they will accept the distribution an IRA is opened up in their name and their 401(k) balance transferred into their new IRA account.

Eligibility Tracking and Automatic Notification

Is your plan set up to automatically track eligible employees and provide the necessary disclosures at least 30 days in advance? How much manual work does tracking employee eligibility and sending disclosures for each employee require, and how many errors have there been? This is another area where the right technology can greatly help ease the burden of administration.

Automate Loans

To plan participants, taking a loan out of their retirement plan can at first seem like a tricky endeavor, and it will involve a bit of administrative red tape. At your company is such a process manual or automated? Would participants be able to see their options and implement them at the push of a button? These kinds of options may be seen as details, but it is the details that truly make the difference.

There are, of course, more ways to utilize technology to create greater organization and efficiency with corporate retirement plans, but these are a few key points to keep on your radar.

Thank you for reading Alliant’s Best-Practice Series. Our next series is in the works – stay tuned!

Do you like what you’ve read so far in our Best Practice Series for 401(k) Plan Sponsors? We also offer a complimentary presentation to further explore these best practices with you and other key retirement-plan decision-makers at your company. Please contact us to learn more.

This blog is written to help make the lives of plan sponsors easier in the process of meeting legal requirements under ERISA for their defined contribution plans. Please understand that reading this blog should not alone take the place of a one-on-one consultation regarding the needs of your specific plan, and hence cannot be a guarantee against fiduciary breaches.

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