Uncover why Employee Fiduciary is the best company for you. 250 State St. Employee Fiduciary, LLC 250 State Street • Mobile, AL 36603 • 877-401-5100 • 251-436-0800 Design Considerations: Employers may allow new employees to enter the plan immediate or hire and wait to set minimum age requirements. 605.04091(1). That means our fees don’t just start low, they stay low – regardless of your 401(k) plan’s future growth. Jeff owns the Registered Fiduciary (RF) certification which identifies him as having achieved pertinent educational qualifications, licenses and acquired skills required of a competent fiduciary. BOX 3144, MOBILE, Alabama, United States. 401(k) Fee Study: 75% of Small Business Plans Pay Hidden Fees, Starting a 401k? 2017, no pet. Apply to Revenue Agent, Finance Intern, Operations Associate and more! Retirement Planning Services. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. See Fla. Stat. 2,408 Employee Fiduciary jobs available on Indeed.com. To achieve this goal, we charge low, fully-transparent 401(k) fees that are based on participant headcount, not plan assets, to the extent possible. That is, the employee may not divert opportunities from the employer to the employee’s own benefit. Fill out this form and we will get back to you shortly! Fiduciary Wise, LLC and Ferenczy Benefits Law Center LLP. Employers may also limit plan entry dates to monthly, quarterly, or semiannual windows. Employee Fiduciary is a privately-owned business based out of Alabama. Employee Fiduciary provides low-cost retirement plan recordkeeping and administration services to over 4,500 small and growing businesses nationwide. No call centers here! The Fiduciary Duty of Loyalty and Managers/Members of an LLC. They're transparent and based on employee count, not assets. Employee Fiduciary, LLC 401K Plan. Employee Fiduciary, LLC. Employee Fiduciary, LLC, founded in 2004, is a 401k plan provider for small businesses headquartered in Mobile, AL. Employee Fiduciary is currently seeking a Plan Installation Specialist for our New Business department. It’s our goal to make retirement as affordable as possible for you and your employees while protecting your company from fiduciary liability. With 38 employees and $2,023,776.31 in plan assets, this # 401k sponsor saved 64.55% by switching from # Paychex to # EmployeeFiduciary. Trust, Fiduciary, and Custody Activities EMPLOYEE FIDUCIARY, LLC 250 STATE STREET • MOBILE, AL 36603. Find out what works well at Employee Fiduciary from the people who know best. Complete this form to receive a low-cost retirement plan proposal from Employee Fiduciary. It’s our goal to make retirement as affordable as possible for you and your employees while protecting your company from fiduciary liability. We keep them straightforward so our value is clear. Employee Fiduciary provides top quality, low-cost 401k plans & 401(k) TPA services to small businesses in the U.S. 401(k) Plans for Small Businesses with Employee Fiduciary Contact Us What Fiduciary Duty of Loyalty Does a Manager or Member Owe an LLC? An employee who stands in a fiduciary relationship to his employer has an obligation of loyalty, good faith, honesty and avoidance of conflict of duty and self-interest. Employee Fiduciary, LLC is a professional services firm experiencing rapid growth. An employee cannot exploit for her own benefit an asset or opportunity that should belong to the employer. The company has approximately 75,000 clients, covering 2,700 plans with a total asset value of $2.8 billion. Employee Fiduciary is a low-cost 401 (k) provider for small and medium-sized businesses. Business Profile. A Short Initial Plan Year is Probably a Bad Idea, Design a 401(k) Plan Like a Pro in 6 Steps. Employee Fiduciary provides retirement plan recordkeeping and administration. In Smile Inc, since Dr Lui was employed merely as an associate dentist and was not obliged to actively find new patients for Smile, the Court did not find anything special about Dr Lui’s employment by Smile which would give rise to fiduciary duties and therefore, there could not be any breaches of fiduciary duties. These duties of trust, otherwise known as fiduciary duties, ensure all members or managers of an LLC are promoting the interest of the LLC above their own. Description. Happy #FeeDisclosureFriday! According to RCW 25.15.038, the answer to that question is … Mobile, AL 36603-6474. http://employeefiduciary.com. Email this Business. Retirement plans from Employee Fiduciary offer small businesses the same low fees, quality service and investment choice as plans sponsored by our country’s largest corporations. Choose any mutual fund or ETF you want - including index funds from Vanguard and Fidelity - without limitation or mark-up! Employee Fiduciary, founded in 2004, is a 401 (k) plan provider for small businesses. With 8 employees and $552,705.91 in plan assets, this #401k sponsor saved 75.17% by switching from #Paychex to #EmployeeFiduciary. Keep more of your hard-earned savings with our low fees! Compare pay for popular roles and read about the team’s work-life balance. The company also offers more than 30,000 mutual funds, mainly targeted to small business clients and participants. Fiduciary Wise, LLC strives to fulfill the highest standards of oversight and guidance for retirement plans. Employee Fiduciary offers affordable 401 (k) recordkeeping and third party administration, and has a variety of investment options for plan sponsors to choose from. A fiduciary must act honestly in any dealings with the LLC and avoid any conflicts of interest between the LLC’s goals and his or her personal goals. Employee Fiduciary, LLC, founded in 2004, is a 401k plan provider for small businesses headquartered in Mobile, AL. Employee Fiduciary is a small business compared to Charles Schwab. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Each client is assigned a dedicated relationship manager for trusted and timely care. Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Aegis Fiduciary Services, LLC offers trustee services to privately-held companies that sponsor employee stock ownership plans (“ESOPs”). Employee Fiduciary, LLC. The employee must act honestly and with a view to advancing the employer’s best interests. *Update 1: In Eurecat US, Inc. v. Marklund, 527 S.W.3d 367, 380-81 (Tex. Examples of Employee Fiduciary Duty in Texas. Under the Florida Revised LLC Act, each manager of a manager-managed LLC and member of a member-managed LLC owes a fiduciary duty of loyalty to the LLC and its members. See the fee comparison here: https://hubs.ly/H0JP4Kr0 Employee Fiduciary In some instances, a member may be allowed to benefit from an LLC opportunity if the member provides prior full disclosure to the LLC and receives the LLC… App.–Houston [14th Dist.] Our company has been profiled in Money magazine and is a leading provider of low-cost 401(k) plans to small and mid-sized businesses. An employee must deal openly with her employer and fully disclose information about matters affecting the company’s business. EMPLOYEE FIDUCIARY, LLC is a company based out of P.O. The court also identified, without discussing, “employee fiduciary duties”, which raises an interesting question: does a member who provides services to an LLC akin to an employee also owe “employee fiduciary duties”? Print; Form 5500 Year: 2014. 2017; 2016; 2015; 2014; 2013; 2012 . Retirement Fiduciary Group works with Employers and Individual Investors to identify the best possible options to meet or exceed their goals. Employee Fiduciary 401 (k) Fees are Low and 100% Transparent. Learn how much your provider is really charging you with our free fee comparison service. A free inside look at company reviews and salaries posted anonymously by employees. All members of member-managed LLCs and managers of manager-managed LLCs have authority to bind the LLC to contracts, and they owe certain fiduciary duties to both the company and fellow members. See the fee comparison here: https://hubs.ly/H0JP4jt0. It is focused solely on providing retirement plans. Fiduciary Wise, LLC and Ferenczy Benefits Law Center LLP are both proud to be joining to help employers fulfill their fiduciary obligations in providing benefits to employees. 4 Employee Fiduciary reviews. high-level employee, owe a number of duties to their employers, such as acting in their employer’s best In an ESOP transaction, some or all of the owners of a company individually decide to sell some or all of their stock to the company’s employees through a to-be-formed ESOP. Employee Fiduciary is a smaller corporation and focuses on providing 401(k) plans for small businesses through 377 fund families. 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