Our team has developed a solution to allow alternative investment firms to offer their own fund(s) as an investment option in their 401k plan, while maximizing the benefit to employees.
Plan design Through thoughtful plan design, partners can carve out a smaller group of employees to participate in the cash balance plan. Using our proposed structure, employees can save up to six figures, pre-tax, per year (depending on their age).
Our solution will allow all participants to invest in your proprietary fund, regardless of Qualified Purchaser or Accredited Investor status.
By utilizing a managed account or trustee directed fund our plan design satisfies the QP and AI investor standards, as well as the non-discrimination rules established by the Department of Labor.
Our plan design allows your employees to maximize their pre-tax contributions to the 401k Plan ($56,000 for 2019). Pairing the 401k Plan with a Cash Balance Defined Benefit Plan will allow a curated group of partners and employees to defer additional pretax savings.
Investments
- Utilizing our custom solution allows all plan participants to invest in your firms proprietary fund (3c7 or other structure)*
- We will build a core line up of funds to compliment your private investment option
- UBS will act as a 3(21) co-fiduciary to the core lineup of funds
Employee education
- Custom designed education strategy tailored to fit employee demographics and geography
- We will conduct onsite enrollment meetings and employee education meetings/seminars.
- UBS Financial Wellness program access-tools and resources to help participants with all aspects of their financial lives.
