Retirement Plan Advisory Services – Hutchinson (KS)

Businesses in Hutchinson and across Kansas understand the importance of providing a complete employee benefits package to attract and retain talent. Most offer a variety of insurance benefits (medical, dental and disability), paid time off (PTO), a retirement plan and tuition reimbursement amongst others. Most candidates and employees expect certain benefits to be offered. In fact, in a recent AARP survey, 96% of registered voters aged 25 and older indicated having a workplace retirement savings plan is important in helping them save for retirement. These findings demonstrate the need for organizations to ensure a retirement savings plan option is available.

Yet many Hutchinson and Kansas companies do not offer a plan because of the time, cost and complexity involved in the selection, set up and administration process. Others have retirement plans available to their teams but are unhappy with the performance or level of service available from their provider.

When management makes the decision to start a new plan or switch recordkeepers, TPAs or advisors, there are many offerings with different features and investment options. It can be difficult to know the difference between each and which is the right option based on company needs and fee requirements. For this reason, it is essential to work with a qualified advisor to guide you through the process.

Retirement Plan Vendor Selection & Consultation – Hutchinson (KS)

Adams Brown Wealth Consultants has significant experience working with companies in Hutchinson and across Kansas with 25-500 employees. Our team has years of experience helping companies evaluate plan options to determine the best fit for the organization. This process starts with a review of your current plan – if you have one – that benchmarks your funds, fees and fiduciary risk against others in your industry.

Beyond plan set-up, we also provide ongoing support including investment evaluation and annual on-site consultation for business owners as well as employees. Whether you are looking to establish a new plan or convert your existing plan, our team stands ready to assist.

Findings from a recent AARP survey of registered voters ages 25 and older:

99.7%

said it’s important for people to be able to save money for retirement while working.

65%

said they’re participating in a workplace retirement savings plan.

81%

of respondents aged 45+ wish they had more money saved for their retirement years.

Hutchinson Retirement Plan Solutions

  • 401(k)
  • 403 (b)
  • 457 plans
  • Deferred Compensation
  • College Plans (529)
  • Estate Plans
  • Executive Compensation (buy, sell, key man insurance, defined benefit)
  • Profit Sharing Plans
  • Employee Stock Ownership Plans
  • Cash Balance Plans
  • Defined Benefit Plans

Map of Hutchinson (KS)

About Hutchinson (KS)

The Hutchinson business community is notable for its diversity, with industries ranging from agriculture and manufacturing to technology and healthcare. Agriculture remains a significant part of the local economy, with businesses contributing to the region’s agricultural production and distribution. Additionally, Hutchinson has adapted to the changing economic landscape by fostering technological innovation, attracting startups and supporting entrepreneurship.

The city’s commitment to education plays a vital role in shaping its business landscape. Hutchinson Community College and its industry-aligned programs provide a skilled workforce, while partnerships with other educational institutions create a foundation for lifelong learning and innovation. This synergy between academia and industry ensures a pipeline of talent that can meet the demands of various sectors.