Let Us Craft Your Ideal 401(k) Plan
Custom solutions built specifically for your company
At Skyline Financial, we're committed to building long-term partnerships with our clients.
Our tailored approach ensures your 401(k) plan meets your unique needs, with consultations available each year to adapt to changing circumstances.
Getting Started is Simple.
The Road to Easy 401(k) Management Starts Here
We start by asking business owners, "What do you need this retirement plan to do?"
We understand the delicate balance between providing quality benefits to employees and ensuring tax-efficient savings for the company.
We listen to your needs and projections for the future, then craft a custom solution for your retirement plan.
Our team walks you through the implementation process, ensuring a smooth transition to your new 401(k) plan.
From initial consultation to a completed plan, we're known for our streamlined approach, often facilitating total overhauls in less than thirty days.
We facilitate each conversation with Vestwell, the administrator and custodian of our 401(k) plans. We act as translators and guides through the investment program process and ensure regulatory requirements are met.
Comprehensive 401(k) Services
Our ongoing 401(k) services are built to support your plan every step of the way
Plan Support
We work with you to tailor your plan to your evolving needs, ensuring it scales based on projected cash flows.
Annual Education
We provide regular education sessions to ensure employees understand their retirement benefits, maximizing their savings.
High-end Portfolios
Our portfolios feature high-performing, low-cost options from reputable providers like DFA and Vanguard. We help you find the securities that best suit your retirement goals.
Transparent Cost and Fees
Simplicity is everything
We believe in simple, transparent, and scalable fees. Skyline charges an asset-based fee that decreases as your plan grows in size. We help to limit other costs within your 401(k) plan and opt for funds that deliver performance without unnecessary expenses.
Retirement Plan Fee Structure
There is a fee paid to your Skyline Advisor, which is directly tied to the magnitude of assets managed.
There are platform fees incurred during the implementation of an investment strategy (brokerage fees, transfer fees, fund fees, etc…). These operational expenses are never kicked back to advisors and we always do our best to keep these costs as low as possible.
Lastly, there are fees that come with the funds we place in portfolios.
Advisor Fees
We designed our fee structure to align the interests of the advisor with our client. Thus, as the client's total wealth grows, so does the advisor's compensation.
$2M or less: 0.50%
$2M - $4M: 0.40%
$4M - $6M: 0.30%
$6M - $10M: 0.25%
$10M - $20M: 0.20%
Over $20M: 0.10%
Platform Fees
We use Vestwell as our investment platform. Their prices are incredibly competitive and the platform is up-to-date and easy to use. The platform fees cover annual custodial, administrative, and record-keeping services.
Per Plan: $150/month
Per Participant: $6/month
0.15%on plan assets
Fund Fees
We keep our portfolios inexpensive compared to the industry average. Be sure to reach out if you would like more specific information regarding the costs of our retirement portfolios.
Skyline averages 0.27% within 401(k) portfolios
Benefits of Partnering with Us
A process you can trust
Streamlined processes for plan adjustments and implementation.
Reduced liability through regular benchmarking and assistance with security selection.
Value-added services to maximize returns while minimizing fees and administrative burdens.
Frequently Asked Questions
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A 401(k) is a retirement plan managed by employers that allows employees to contribute some portion of earnings each month, where it can grow over time and set them up for a comfortable retirement.
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401(k) plans offer an array of benefits, including certain tax advantages, investment growth over time, and even attracting high quality applicants to your company.
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No. At Skyline, we can guide you through all of your retirement plan options including 401(k), Simple IRAs, and SEP IRAs.
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Even if you have an existing 401(1) plan, our advisers can help bring it into the modern
age with updates that reflect the current state and culture of your company.