Your company’s retirement plan is often the centerpiece of your overall benefits strategy.

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At PFG Private Wealth Management, we specialize in:

401(k) Plans

Defined Benefit Plans


Profit Sharing Plans

Simplified Employee Pension (SEP) Plans

Whether you have 2 employees or 500, a properly designed plan assists in the retention of current employees and provides an advantage in your recruiting efforts.  However, if you’re like many plan sponsors, the prospect of overseeing a plan and the responsibilities that come along with it may seem overwhelming.

Why Plan Sponsors Choose PFG Private Wealth Management

One of the most common reasons plan sponsors seek help from PFG Private Wealth is the requirement under the Employee Retirement Income Security Act, or ERISA, to prudently select and monitor 401(k) plan investments.  When you don’t have professional experience, choosing an appropriate menu of investments is challenging. How do you objectively select investments that best meet the needs of your employees? How do you continually monitor the funds to make sure that they remain appropriate? Are the fund expenses reasonable? These issues, especially in today’s evolving regulatory environment, can be an overwhelming burden to 401(k) plan sponsors. Under ERISA’s “prudent-person rule,” a plan fiduciary that is not qualified to make informed investment decisions must seek expert assistance.

Will PFG Private Wealth Management be a fiduciary?

At PFG Private Wealth Management, we have the ability to act as either a 3(21) or 3(38) Fiduciary. What’s the difference?  A 3(21) Investment Advisor makes investment recommendations, but leaves the ultimate decision and liability to you.  A 3(38) Investment Manager takes on the full responsibility of managing the investment lineup and has discretion to make necessary changes.  In doing so, the 3(38) Investment Manager takes on the primary fiduciary responsibility for investment decisions. The key difference is whether you are hiring PFG Private Wealth Management to assist you in making investment decisions or delegating the entire investment process to us.

Can PFG Private Wealth Management help me find the best provider and investments for my plan?

Absolutely.  Because we are an independent firm, we have no proprietary fund requirements and can therefore offer unbiased council to each client based on their unique needs and priorities. From launching a new plan to refining an existing plan, we can help you find the most cost-effective plan for your company.