401k Plan Professionals

About 401k Plan Professionals

<p>Participant education is a major part of how this women-owned, retirement-plan-only team works with plan sponsors. Headquartered in Edina in the Minneapolis–Saint Paul metro, 401k Plan Professionals is a five-person advisor focused on employer-sponsored 401(k) plans and day-to-day fiduciary process.</p> <p>The firm supports plan committees with fiduciary governance and can take on the role of co-fiduciary or full fiduciary, depending on the engagement. Oversight covers plan investments as well as the providers that handle administration and other ongoing operations, with attention to practical controls and clear documentation.</p> <p>Employers that want a pooled structure can join a Pooled Employer Plan (PEP) through the firm’s in-house 401k Collective. This approach is built to reduce fiduciary responsibilities, streamline administration, and offer broader investment choices than many single-employer setups.</p> <p>What differentiates the group is the time it puts into participant education, with sessions and materials designed for employees across a wide range of financial literacy levels. Team credentials include AIF®, C(k)P™, and CPFA.</p> <ul> <li>Employer-sponsored 401(k) plan advisory support (<a href="/retirement-plans">retirement plan providers</a>)</li> <li>Co-fiduciary or full fiduciary governance for committees (<a href="/plan-advisors">plan advisors</a>)</li> <li>Investment lineup reviews and service-provider oversight</li> <li>Participant education and retirement readiness guidance</li> <li>Pooled Employer Plans (PEPs) through the 401k Collective</li> </ul>

Website: https://www.401kplanprofessionals.com/what-we-do

Employees: 5