Together, we can improve America's 401(k) plans
Most employer-sponsored retirement plans unknowingly break the rules
A Retirement Plan Fiduciary
Whether you’re a plan sponsor, a broker/dealer or an advisor, we can help you manage and improve your retirement plan offerings. Or, in technical terms, we are an unaffiliated, ERISA-defined independent fiduciary to 401(k) and other defined contribution plans.
What that means is this: we know ERISA, the Department of Labor and IRS regulations inside and out. That includes both the spirit and the letter of these rules. As an independent fiduciary, we can:
- Steer you away from pitfalls that don’t serve you or plan beneficiaries.
- Help you save on unnecessary fees.
- Lead you through IRS or DoL investigations or corrections if those occur.
With us on your side, you can count on lower fees and lower risk for both you and your participants.
Our Team: Unmatched Skill
You won’t find a team of professionals with such a diverse set of expertise anywhere else. Our knowledge spans:
Investments
Compliance
Legalities
Tax Code Knowledge
We’ve used that expertise to create our PlanAnalyzer – a patented review process to help your retirement plan stay compliant.
We put our skill to work for you. As a fiduciary, you always come first. Whether you’re a business owner, HR rep, RIA or broker/dealer, we always start with your needs and the needs of the people you work with.Take a Closer Look at Our Solutions
Recent Podcasts We’ve Been Apart of:
Proudly Independent & Employee-Owned
Providing Unbiased, Fee-Only Consulting Services
History
History
Our Roots Have Helped Define What We Offer Today
MillenniuM Investment & Retirement Advisors, LLC was built by financial industry veterans. Our team saw firsthand how so many financial firms favored big business over personalized attention, and we wanted to do the opposite. That’s why we operate as a fiduciary and commit to provide you with:
A High Level of
Personalized Service
Completely
Unbiased Advice
Vigorous
Ongoing Monitoring
While Everyone’s Situation Is Different
These Are Our Core Principles
- We consider ourselves fiduciaries to our clients and we will act only in their best interest.
- A simple investment plan is better than a complicated investment plan.
- Low fee investments are better for your portfolio’s health over the long-term than high fee investments.
- Portfolio diversification is important and the specific asset mix within the portfolio is the primary controller of how well a portfolio performs.
- With regard to managed investment products like mutual funds, we believe (and the research shows) that very few funds outperform the appropriate index over time.
Maintaining Creativity in Our Solutions
As an RIA, our team understands how the business used to work in terms of what we bring to the table currently. We’ve changed our outlook to focus more on participant outcomes in order to help protect employers. Our goal is to focus less on the products we recommend and more on the solutions you can take away from our partnership.
You Need an Industry Professional
You Can Count On
Let Us Work With You
To Provide the Best Options for Your Business
Anyone who has set up or managed a defined contribution plan knows the details are expansive. You’re likely to encounter fine print from more than one federal agency as you navigate the equally complex process of selecting investments and administering the plan.
We can help. We work strategically to help you provide the best options for your employees and/or your clients, and we educate you about the process along the way.
If you are a…
Business Owner & Plan Sponsor
Take fiduciary work off of your plate and limit your liability under ERISA. We put our years of expertise in legal and tax codes, regulations and investing to work for you and your plan’s participants.
ERISA
Auditor
Our ERISA due diligence review is led by IRS Enrolled Agents and CPAs. The system they created — known as the P3 program (Pay, Performance and Parity) — ensures your clients’ plans remain fully ERISA compliant.
Broker &
Advisor
As a fiduciary consulting firm, we help you build and administer compliant retirement plans so you can smartly grow your retirement business.
Patented Tools
Designed With You in Mind
In order to further enhance our services, we’ve developed the PlanAnalyzer – a tool that properly evaluates your performance and that of your retirement plan. Learn more about its capabilities.
Committed to Helping You Improve Your Long-Term Success
The key to our relationship begins with getting to know you and the goals you have in mind for yourself and your business. We want to ensure that we match you with the right solutions while making sure that everything remains compliant. In order to do so, you’ll meet with our team to develop a deeper understanding of how we can design a solution just for you.
MillenniuM Investment & Retirement Advisors, LLC
PlanAnalyzer
Take an In-Depth Look
At Your Retirement Plan’s Performance
Similar to an annual physical you’d receive from your doctor, our PlanAnalyzer is an investment evaluation tool that takes a deep dive into the performance of your retirement plan. By evaluating the effectiveness of investment committees, investment advisors and the prudence of plan investments relative to IRS and DOL rules, trust law, etc. we’re able to further assist you in building a successful retirement for you and your employees.
There are many benchmarking and plan review tools available in the marketplace, but most are simply an x-ray or MRI of an isolated area of a plan. PlanAnalyzer, however, is a full-body scan that roots out the problems that cause plan fiduciaries to find themselves in the crosshairs of litigators and regulators.
-James Holland
Director of Business Development
What Can PlanAnalyzer Do for You?
This tool can assess whether your investments add value based on key performance indicators in the past 6-year statute of limitations period. We believe this timeframe is a good indicator of changes in the market and how your portfolio will continue to react based on past performance.
Given the sharp increase in retirement plan litigation and Labor Department investigations, business owners and other plan fiduciaries now have an independent assessment tool that checks:
- The prudence of their investments
- The quality of their investment provider
- Any potential liability if they fail to act in removing underperforming funds
We Credit Our Clients
For Envisioning This Path
The individuals we work with continually challenge us as a firm and as a team. Their tough questions encourage us to prove our assertions are grounded in regulations. For years, we’ve searched for a tool to help us work seamlessly with our clients and better address their concerns but finding none, we set out to develop one. PlanAnalyzer further empowers us to remain diligent fiduciaries and always serve our clients to the best of our ability.
Discover How PlanAnalyzer Can Help
Remain Informed of
Industry News & Trends
September 11, 2024
- Investment, Retirement Fundung
September 4, 2024
401k/IRA Review August 20, 2021
- Investment, Retirement Fundung
Ready to Get Started?
Proudly Serving Clients Nationwide
Let’s Get Started
With looming questions regarding your retirement plan, there’s no better time to begin than now. Give us a call, schedule a meeting or use the submission form below to contact us.
For billing matters, please contact PlanFees@MIRAcenter.com.