Your Defined Contribution and Defined Benefits Retirement Plan Advisor.
Focused on safeguarding your business while empowering your employees.
Ironwood Retirement Plan Consultants (IRPC) is an independent financial firm dedicated to retirement plan consulting.
It is well documented that financial stress is escalating among U.S. workers, and the current Covid-19 pandemic is not helping matters. The health of your business is directly correlated to the health and well-being of your employees. Employee financial stress impacts their productivity and their personal lives. As an employer you are the solution to helping alleviate employee financial stress.
By working with one of our experienced retirement plan consultants you’ll be introduced to WellCents. Designed for employers of all sizes who want to support their employees’ financial wellness journey, WellCents provides a foundation for goal setting, as well as educational material to enhance your employees understanding of retirement planning strategies. With WellCents, your employees – regardless of compensation or savings level – will also have access to personal financial planning support to assist them in achieving their retirement goals.
As an independent financial consulting firm we're able to deliver unbiased recommendations and impartial guidance based directly on your needs and goals. Our retirement consultants are not employees of an investment company nor financial services firm - we are an independent business. Our indepencence allows us to operate in a completely transparent manner that best serves our clients.
As fiduciary advisors, our experience has shown time and again that many companies that sponsor retirement plans do not understand their fiduciary responsibilities and liabilities and have been exposed to employee lawsuits over high fees and poor investment options.
Our fiduciary review provides a thorough evaluation of the main areas of your plan to determine if excess fiduciary liability exposure exists. We mitigate liability by regularly monitorgin plan documents, the invesmtents (using our proprietary scoring system) and benchmark the plan. All meetings are documents and the reports and minute are archived. ERISA requires that fiduciaries understand their responsibilites and to help our clients we provide structres, documents fiduciary education. All reports, documentation, education, and meeting notes are stored securely online in our client's Fiduciary Briefcase.
Most retirement plan advisors don’t have an investment philosophy let alone a dedicated integrated technology portal designed to minimize plan costs and provide fee transparency with the goal of increasing retirement outcomes for your employees. Our premier integrated technology management platform allows our retirement plan consultants to offer understandable, simplified investment options that minimize plan costs and provide fee transparency. Our goal is to protect our plan fiduciaries and engage their plan participants to reach their retirement income potential.
Our core integrated technology solutions include:
A White House Study “The Effects of Conflicted Investment Advice on Retirement Savings” released in February, 2015 found that:
As a 100% fee-for-service firm our retirement plan consultants are not paid to sell you something. We believe that by eliminating commissions our retirement plan consultants can deliver conflict-free advice.
Retirement plans exist for the general purpose of helping people retire comfortably. Beyond that however, plan goals can vary widely but, a poorly designed or executed plan may make the goal harder, or impossible, to reach.
IRPC will work with your investment committee to assist you in developing an Investment Policy Statement which will guide all future investment decisions
It is difficult to benchmark a plan unless you have unbiased access to many providers. It is not enough to know the fees they charge but also the services they provide for those fees.
IRPC's fiduciary review provides a thorough evaluation of main areas of your plan to determine if excess fiduciary liability exposure exists.
IRPC can assist the Plan Sponsor by establishing an education schedule and meeting with employees as a group and/or at one-on-one meetings.
IRPC offers financial planning expertise to plan participants on an as-needed basis and at no cost to you. This service is confidential for participants and delivered in an environment of privacy and trust.
Ironwood Retirement Plan Consultants
Office: 661-735-1558
Fax: 661-840-5571
5060 California Avenue, Suite 600
Bakersfield, CA 93309
Securities offered through Purshe Kaplan Sterling Investments, Member FINRA/SIPC., Headquartered at 18 Corporate Woods Blvd., Albany, NY 12211. Purshe Kaplan Sterling Investments and Barnes Wealth Management Group are not affiliated companies. Not FDIC insured. Not bank guaranteed. May lose value, including loss of principal. Not insured by any state or federal agency
The Purshe Kaplan Sterling Investments representative associated with this website may discuss and/or transact securities business only with residents of the following states: California (CA), Michigan (MI), Oklahoma (OK), Oregon (OR), and Pennsylvania (PA).
Copyright 2022 Ironwood Retirement Plan Consultants