Carlsbad Chamber of Commerce Retirement Solution

The Carlsbad Chamber of Commerce has partnered with TAG and Transamerica to create a leading edge 401(K) aggregate program that be a huge benefit to your company. There are 5 things every employer wants in a 401(K):

1. Easy to Administer

Carlsbad Chamber of Commerce Retirement Solution performs 99% of the administrative duties required for a company to offer a 401(k) to their employees.
This removes the administrative burden from company employees and executives so you can focus on what’s most important — running your business.
You don’t want to be 401(k) experts.

2. Minimal Fiduciary Liability

The TAG and Transamerica 401(k) Retirement Plan Exchange® allows a company to shift its fiduciary duties to TAG Resources, to the greatest extent permitted by law.
This provides your company with fiduciary support and helps mitigate your defined legal obligations and responsibilities.
With TAG Resources commitment, you have the confidence that your fiduciary obligations are being met.
You don’t want to be at risk.

3. Compliant

As of the 2015 Department of Labor random audit period, the DOL reports more than 67% of 401(k) plans failed their audit.*
However, plans administered as directed by TAG Resources, have never failed an audit.
TAG is your 401(k) Support Staff, signs the Form 5500, and ensures each plan is consistently in compliance with the DOL and IRS regulations.
If you are out of compliance, TAG is out of compliance – and that has not happened in TAG’s 15+ years of operation.
*U.S. Department of Labor, Employee Benefits Security Administration, 2015.
You don’t want fines or penalties.

4. Cost Effective

Carlsbad Chamber of Commerce Retirement Solution, powered by The TAG and Transamerica 401(k) Retirement Plan Exchange® Program, is built on an “aggregated” model – your company gains the advantages of economies of scale in pricing.
You don’t want to overpay.

5. Includes Well Know Providers

The TAG and Transamerica 401(k) Retirement Plan Exchange® combines 3(16), 3(38), and TPA services for “end to end” retirement plan oversight.
TAG teams with Transamerica as Recordkeeper, with $226billion in assets serviced as of 12/19), and withTwo West Advisors as the 3(38) Investment Manager.
You want to work with the best.

The bottom line is this:

For every plan, TAG acts as the company’s 401(k) support team, so the company doesn’t have to act as a retirement expert.
TAG acts as a buffer between the Plan Sponsor and the DOL and IRS, and works to keep each plan in compliance with all applicable laws.
TAG’s experts make the decisions and take responsibility for those decisions with respect to the services they provide, taking away one more thing that might keep Plan Sponsors awake at night.
TAG does all of this at a price comparable to plans that offer fewer services.

Carlsbad Chamber of Commerce RETIREMENT SOLUTION PERFORMS 99% of administrative tasks by becoming your retirement department support team!

How can I learn more or get started?

If you would like more information about Carlsbad Chamber of Commerce Retirement Solution, please contact:
John O’Reilly
O’Reilly Wealth Advisors LLC
760-504-6040
CA Life #OF41383
www.oreillywa.com