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Retirement Plans

How We Work

In 1971 Bill Sheehy got into the corporate retirement plan business with one goal in mind: to help his participants retire with confidence. Now, over 35 years and thousands of participant meetings later, Bill and his team of advisors continue to carry-out his initial mission.

At Sheehy & Molinelli, we provide fiduciary advice and support in a low-cost, fee-transparent environment. We provide investor education and personalized portfolio guidance for participants, working with plan sponsors to design customized retirement plan solutions.

Our Broker Dealer, LPL Financial (LPL Retirement Partners), gives us the tools and firepower to act as Independent Advisors with a competitive, comprehensive offering. By being independent, we have the unique ability to integrate almost any platform, record-keeper, payroll, and investment provider in the marketplace, giving your firm the flexibility to accomplish whatever their goals may be.

Plan Design

Plan Design

  • Provide advice on matching/profit sharing strategies
  • Discussing the importance of employee retention
  • Establish: Eligibility/Vesting/Loans/Distributions
  • Highly competitive 401(k) plan providers

Investment Management

Investment Management

Investment Menu Selection:

  • Access to open-architecture platforms utilizing:
    • Wide variety of low-cost, high quality funds
    • Thousands of mutual funds options condensed into one, simple, easy-to-use menu

 On-Going Investment Monitoring:

  • Consistent analysis of your plan’s investment menu
    • LPL’s exclusive 12-point rating scale
    • Fund ratings updated on a quarterly basis

Fiduciary Capacity

Fiduciary Capacity

 Fiduciary Capacity- at no additional cost

  • Mitigates liability of investment menu selection
  • Reduces the cost, risk, and work associated with sponsoring a retirement plan.
    • 3(21): Advise plan trustee with necessary investment menu changes
    • 3(38): Discretionary control of plan investment menu
  • Fiduciary Vault: online, cloud-based storage of all due diligence for tracking/audit compliance
On-Going Support

On-Going Support

 Annual Plan Reviews:

  • Dedicated due diligence to ensure all parties are educated on their plan
    • Performance/Participation/Assets/Costs/Activity

 Employee Enrollment

  • Onsite employee enrollment seminars, reliving the sponsors of explaining the plan
  • Availability for individual enrollment and investment selection recommendations

 On-Going Employee Education

  • Complimentary one-on-one participant meetings
    • Review asset allocation, time horizon, tax-implications, etc.

Our Promise

Today, we are living longer, living healthier and leading more active retirements. This means investors will need to stretch their retirement benefits over a longer period of time than ever before. Yet many people lack the knowledge, time and confidence to plan and invest appropriately.

Employees are looking to their employers for financial guidance. We can help you provide that guidance with the ultimate goal of producing favorable outcomes for plan participants and plan sponsors.

*Corporate retirement plan services offered through LPL Financial, a Registered Investment Advisor.