Home | Benefit Plan Advisory Services – Wichita (KS)

Retirement Plan Advisory Services – Wichita (KS)

Businesses in Wichita 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 Wichita 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 – Wichita (KS)

Adams Brown Wealth Consultants has significant experience working with companies in Wichita 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.

Wichita 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 Wichita (KS)

About Wichita (KS)

At the core of the Wichita business community are the aerospace and aviation sectors which have deep roots dating back to the early 20th century. Home to major aircraft manufacturers like Textron Aviation (Cessna and Beechcraft) and Spirit AeroSystems, Wichita continues to be a global leader in the production of general aviation and commercial aircraft components. The Wichita State University National Institute for Aviation Research (NIAR) further enhances the city’s reputation as an aerospace innovation center, conducting cutting-edge research and development.

Manufacturing is another cornerstone of the Wichita business landscape. Beyond aerospace, the city hosts a range of manufacturing companies producing goods spanning from machinery and equipment to food products. This diversity showcases the adaptability and resilience of the local workforce and its ability to thrive across various industries.

Wichita’s business community is not confined to traditional sectors alone. In recent years, the city has witnessed a surge in technology startups and entrepreneurial ventures, contributing to its transformation into a more dynamic and forward-looking economic hub. Co-working spaces, incubators and accelerators have sprung up to nurture these emerging businesses and foster an environment of innovation and collaboration.