Employer Sponsored Financial Wellness

​Give your employees investment tools and financial guidance to help them thrive. ​We partner with employers to manage their company retirement plan and provide ongoing financial coaching to their employees.​

MINIMIZE RISK

EQUIP EMPLOYEES

GROW YOUR BUSINESS

A poor employee retirement plan can cause your business problems...

​ ERISA regulatory risks

Financially stressed employees

Personal liability expenses

Lower productivity in the workplace

High employee turnover

Failure to attract talent and more...

Advantages of Retirement Plan Management

Corporate retirement plans are essential for supporting your employees’ financial security, but there are many things to consider, including fees, investment options and tax implications. Take the guesswork out by partnering with a dedicated Retirement Plan Specialist from Carnegie Investment Counsel. Our corporate retirement services make it easier to achieve a robust employer-sponsored plan that’s beneficial for your staff and your business.

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Decades of experience helping employers manage their company retirement plan

Accredited Investment Fiduciary (AIF®)

Over $3.5 billion assets under management as of 12/31/2022

Fee-only compensation model that aligns interests and promotes trust.

Independently owned and operated

Decrease Liability

Get detailed investment plan policies and disclosures that help mitigate your compliance risk and personal liability. Your retirement plan advisor will tailor corporate retirement solutions for your company while lowering costs and enhancing employee benefits.

Reduce Regulatory Risks

The Employee Retirement Income Security Act (ERISA) includes regulations from the U.S. Department of Labor that govern the creation of employee benefit plans. We’ll work closely with your and your business with the goal of implementing an ERISA-compliant retirement plan that minimizes risk.

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​With your company’s retirement plan handled, you have more time to focus on growing your business.

Boost Productivity

Motivate your team with the benefits they want and the financial guidance they need to thrive. Our corporate retirement services include hosting educational programs and coaching sessions to help employees improve their financial health and be more engaged at work.

Lower Turnover

A poorly constructed retirement plan increases employee turnover, harming your business. Not only is high turnover costly, but it also negatively impacts company culture. Get a corporate retirement plan that motivates your staff to stay and reduces disruption to operations.          ​

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When your employees have financial peace, they are more likely to be more focused and increase productivity.

Are you looking to change financial advisors?

Finding an individual or firm who is working in your best interest is crucial. Enclosed in our eBook are four questions we recommend you ask any prospective group you review. Plus, you'll learn:

The difference between fiduciary and suitability standards

Learn how some advisors may not be required to work in your best interest

Be aware of various types of hidden costs

The importance of third party custodians

The difference between fee-based and fee-only

Download Now​ - It's Free

Attract Top Talent

Building high-performing teams depends in large part on attracting top talent. Dedicated retirement plan management shows potential new hires that your company is proactive in prioritizing their financial well-being and preparing them for the future.    ​

Corporate Retirement Planning Designed For You

Carnegie Investment Counsel is experienced with investments, benefits, human resources and other areas that help companies like yours effectively manage corporate-owned retirement. We also offer a unique level of service and attention to detail. ​

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When you work with a Retirement Plan Specialist, you'll have these benefits.
​

CUSTOMIZATION
​Maximize benefits for you and your employees with custom retirement planning. We’ll help you understand your options to design and manage a corporate retirement plan that aligns with your objectives and resources.  

MINIMAL LIABILITY
​We strive to always work in your best interest. As an Accredited Investment Fiduciary (AIF®)*, we mitigate your financial and legal liability. In addition, we assist with proper policies and procedures to ensure compliance standards are met.

TRANSPARENCY
Carnegie Investment Counsel is 100 percent fee-only, which means our only compensation is a percentage of assets managed. We use this straightforward model to promote trust and minimize conflicts of interest as part of our commitment to transparency.

EXPERTISE
Feel confidence in your retirement plan management by partnering with a deep bench of credentialed financial experts. Our firm has helped numerous clients launch successful strategies to meet their unique life goals.

CONVENIENCE
Simplify the complexities of retirement plan management while improving outcomes. Having a dedicated advisor to manage your corporate retirement plan frees up company resources to focus on other essential activities like growth and innovation.​

*Accredited Investment Fiduciary® (AIF®) - ​The Accredited Investment Fiduciary® (AIF®) designation is a professional certification that demonstrates an advisor or other person serving as an investment fiduciary has met certain requirements to earn and maintain the credential. It is issued by the Center for Fiduciary Studies at http://www.fi360.com. The purpose of the AIF® Designation is to assure that those responsible for managing or advising on investor assets have a fundamental understanding of the principles of fiduciary duty, the standards of conduct for acting as a fiduciary, and a process for carrying out fiduciary responsibility. ​​

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Types of Employer-Sponsored Retirement Plans
​

Understanding the types of corporate retirement plans available makes it easier to determine which is right for your company. Retirement plans typically fall under two categories: defined benefit plans and defined contribution plans. With defined benefit plans, the employer promises to provide a certain amount of money at retirement age. 

Defined contribution plans involve employees contributing their own money into a fund. There are also hybrid plans that combine defined benefit and defined contribution. Each type of plan provides specific benefits and risks, which your Carnegie Retirement Plan Specialist will review with you.

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Traditional 401(k) Plans

The most common type of defined contribution plans is a traditional 401(k). Employees contribute pre-tax money from their paycheck into the account and the employer typically provides a matching contribution. Money withdrawals (called “distributions”) from traditional 401ks are taxable as regular income.

Roth 401(k) Plans

These plans are similar to a traditional 401(k) plan, except the contributions to the account are taxed upfront rather than at the time of withdrawal. Roth 401(k) plans are less common because they place additional administrative demands on employers, but offering this option along with traditional 401(k) can make your corporate retirement more attractive to employees.

PENSION PLANS

Pension plans are a type of defined benefit plans where the employer promises to provide retirement income. They require the employer to contribute money to the employee’s plan as they work. Upon retirement, the employee receives the accrued pension money as monthly checks. Typically a formula is used to determine how much employees get.

Employee Stock Ownership Plans

An employee stock ownership plan (ESOP) is a retirement savings program for employees where they invest in company shares instead of receiving a lump sum at retirement. The money comes from the employer, who then distributes the shares to the employees. ESOPs are tax-advantaged and provide an alternative to 401(k) plans. They also offer greater flexibility than traditional pensions, since the employee has control over how much they invest.

Support Employee Financial Wellness

It’s crucial that your company provides clear explanations about your retirement plan and its features to support employees’ financial future. However, there are a variety of life events that could be impacting their current financial health, such as:

Birth or adoption

Death or terminal illness

Injury/disability

Leave of absence

Marriage or Divorce

Along with a well-constructed plan, give your employees financial planning resources to help them more easily overcome obstacles and reach their goals, both now and down the road.

Educational Workshops and Coaching

Knowledge is power. With financial education and personalized guidance from our fiduciary advisors, your employees will be better equipped to handle life’s challenges and plan for retirement. We provide ongoing support through workshops, as well as group and individual coaching sessions, so your employees can achieve true financial wellness.

Peace of Mind Corporate Retirement Solutions

Retirement benefits are essential for attracting and keeping talented workers, improving productivity, reducing employee turnover and mitigating risk. However, the complexities of retirement plan management make it a daunting task for any company. Schedule an appointment with Carnegie Investment Counsel to explore solutions that will take your corporate retirement plan to the next level.

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SCHEDULE A ​COMPLIMENTARY
​​CONSULTATION

We learn about you and your company, then analyze your current retirement plan situation.

DISCUSS YOUR GOALS ​
​AND DEVELOP A CLEAR PLAN

We design a plan to help minimize risk and optimize for employee financial success.

IMPLEMENT YOUR PLAN
​WITH ​CONFIDENCE

We begin executing plan transition and coordinating educational events for your employees.

SPEAK TO A PLAN SPECIALIST