Qualified Retirement Plans

Qualified Retirement Plans and IRAs

Qualified retirement plans (QRPs) and IRAs offer both short and long-term wealth accumulation benefits. OJM Group has reviewed or implemented qualified plan designs for numerous companies and professional practices throughout the country and we are well-versed in profit-sharing plans, 401(k)s, traditional pension and defined benefit plans, and all types of IRAs.

OJM can serve as a co-fiduciary for a QRP and remains independent of the plan’s third-party administrator (TPA) and recordkeeper.

Our team offers a complimentary QRP analysis through an independent benchmark study, providing a fundamental first step toward prudent QRP management and peace of mind for employers. The audit can alert business owners and plan administrators to issues within their QRPs, including:

  • Overpayment of fees for recordkeeping, third-party administration and/or investment advisory services.
  • Potential conflicts of interest between your TPA and in-house investment advisor.
  • A fund lineup that is too expensive or lacks flexible options for participants.
  • Absence of a co-fiduciary to share potential liability for plan management and performance.

ARTICLES

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Monthly Investment Commentary

U.S. Equities Post May Gains; CPI Triggers Early June Sell-Off

The Month at a Glance Both equities and fixed income were positive in May US…

VIDEOS

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Webcasts

Tax Update for Physicians

OJM Group Partner Carole Foos, CPA, provides an overview of the Build Back Better Act…

PODCASTS

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Andrew Taylor

Inflation and Your Investments

OJM Group · Inflation and Your Investments: Should You Be Concerned? In the latest addition…