Using Plan Design to become Retirement Ready Tommy Horst (865) (office) (865) (cell)

What about you?  Are you Retirement Ready?  What percentage of your employees are Retirement Ready?  Does it matter?

ERISA Services, Inc.  Why we do what we do?  How we do what we do?  What do we do?

Begin at the End  What is “the End”?  What do you want to accomplish?  Where are you going?  What’s important?  What do you want to achieve?

Begin at the End  We must first have a goal!  We must first know what is important!  We must first decide what future things are Non-Negotiable!  Are you ready?

Begin at the End  You must have a Plan to achieve your Goal!  You must have a strategy to achieve your Plan!  How do we help our employees get there?  Do they need your help???? YES

Strategies for your 401(k) Plan  Automatic Enrollment  Automatic Escalation  Stretch Match  Metric Based Match  Fixed Dollar Match

Automatic Enrollment  Why do it?  At what percentage?  What are the benefits?  Potential downsides?

Automatic Escalation  Why do it?  How high do you go?  What are the benefits?  Potential downsides?

Stretch Match  What is it?  Why do it?  What are some potential formulas?  What are the benefits?  Potential downsides?

Metric Based Match Formulas  What is it?  Why do it?  What are some potential formulas or ideas?  What are the benefits?

Fixed Match  What is it?  Why do it?  What are some potential formulas?  What are the benefits?

Let’s change East Tennessee for the better!

Questions?

Dale Horst (865) (office) (865) (cell) Tommy Horst (865) (office) (865) (cell) Justin Bell (865) (office) (865) (cell)