Our Services

Legacy Retirement Plan Advisors, a Division of Legacy Wealth Management, is a Retirement Plan Consulting firm with offices located in South Florida. Our Retirement Plan Consultants have over 40 years of combined experience in plan sponsor due diligence support, participant education and investment fiduciary services.

Our team delivers custom fiduciary strategies to Retirement Plan sponsors helping to lead towards improved retirement outcomes.

Legacy Retirement Plan Advisors works with clients to help them either initially establish or update their Retirement Plan Committee according to industry best practices. We help our clients establish a clearly organized fiduciary governance structure which includes selecting and formally appointing Committee members, establishing a Committee Charter and acknowledging all appointments in writing. We provide fiduciary training for Committee members regarding their fiduciary responsibilities and corresponding best practices in an effort to improve their decision-making and decrease organizational and personal liability.

We offer quarterly Plan review meetings to help plan sponsors oversee and monitor all aspects of Plan performance including investment returns, fee competitiveness, Plan operational issues, Team member educational support, and we produce and archive meeting minutes.

Maintaining a well documented fiduciary file is the basis for a "best practices" retirement plan committee. Legacy Retirement Plan Advisors establishes for each client, a file to help manage and document the fiduciary oversight process.

ERISA fiduciaries are charged with reviewing and understanding the competitiveness of their Plan's fees and assuring that they are "reasonable" given the levels of services that are offered by their "service providers." Legacy Retirement Plan Advisors assists clients in the process of reviewing all Plan related fees and expenses and help negotiate the most competitive fee structures possible. We utilize independent and objective, third party benchmark services to help our clients fee competitiveness.

Industry "best practices" recommend that a formal vendor review is conducted every three to four years. These reviews help Clients make sure that the service arrangement and fee structure currently in place is competitive and that any innovations in technology, educational support, investment options, etc. are made available to the Plan.

Legacy Retirement Plan Advisors takes the lead when administrative or service issues arise, supporting our Client's Team Members in resolving issues quickly and efficiently.

Legacy Retirement Plan Advisors continuously suggests that Clients consider the latest industry "best practices" in "plan design" options in an effort to drive optimum participation and retirement outcomes while at the same time pursuing Client financial goals.

At the core of Legacy Retirement Plan Advisors service offerings is the individual approach we take in assisting every Client's Team Members in striving to maximizing their use of the 401k Plan. We offer group seminars, webinars, individual meetings, create education policy statements and strategies, all intended to help our valued clients get to retirement as "well prepared" as they can be.

Our Legacy Wealth Management Advisory Team is also available to provide more comprehensive Financial Services for participants who need the additional support.