A retirement plan should do more than exist.
It should help employees understand their options, help owners and plan sponsors manage risk, and give participants a better chance to build long-term financial security.
Longhouse Wealth Management helps companies, municipalities, tribal organizations, nonprofits, and small business owners evaluate, improve, and manage retirement plans with a clear fiduciary process.
For ERISA-covered plans, we can serve as an ERISA 3(38) investment fiduciary, taking responsibility for selecting, monitoring, and replacing plan investment options as appropriate. For governmental, public agency, and other non-ERISA plans, we provide tailored investment consulting, fiduciary-style governance support, and participant education based on the plan’s structure and legal requirements.
Longhouse works with organizations that want a more thoughtful retirement plan experience, including:
Small business owners
Growing companies
Cities and public agencies
Tribal governments and tribal enterprises
Nonprofit organizations
Professional practices
Plan committees
Employers reviewing an existing 401(k), 403(b), 457(b), 401(a), or other retirement plan
Whether your plan is brand new, outdated, expensive, underused, or spread across multiple providers, we help bring clarity to the process.
We help review the plan’s investment menu, identify unnecessary complexity, evaluate fund expenses, and build a lineup that is easier for participants to understand.
Our process may include:
Reviewing current investment options
Evaluating fund performance and expenses
Identifying overlap or unnecessary complexity
Recommending open-architecture investment options
Monitoring the lineup on an ongoing basis
Documenting decisions for the plan sponsor or committee
The goal is simple: a plan lineup that is clear, cost-conscious, and built around participant outcomes.
For ERISA-covered plans, Longhouse may serve as a 3(38) investment manager. In that role, we take discretionary responsibility for selecting, monitoring, and replacing plan investment options.
That can help plan sponsors reduce the burden of making investment decisions alone while still maintaining a disciplined process.
Our 3(38) services may include:
Investment Policy Statement support
Fund selection and monitoring
Replacement recommendations and implementation
Ongoing fiduciary review
Fee and expense review
Plan committee reporting
Documentation of the investment process
Many employers are not sure whether their current plan is competitive, fairly priced, or well designed.
We can help review:
Plan fees
Recordkeeper costs
Investment expenses
Participant usage
Education gaps
Plan design opportunities
Service provider roles
Potential conflicts of interest
Whether the current provider arrangement still fits the organization
For small business owners, this review can also include a discussion of owner retirement savings, tax planning opportunities, Safe Harbor 401(k) design, profit sharing, and whether a cash balance plan may be worth exploring with the right TPA.
A strong retirement plan requires coordination between multiple parties.
Longhouse can work alongside recordkeepers, third-party administrators, payroll providers, plan consultants, and service teams to help the plan run more smoothly.
This is especially important when a plan sponsor is:
Changing recordkeepers
Consolidating multiple plans
Reviewing a bundled provider
Moving from a one-size-fits-all platform
Adding participant education
Improving plan governance
Preparing for an RFP or provider review
Large plan sponsors often look for the same things: operational efficiency, automation, high-quality education, transparent fees, strong participant tools, and an open architecture platform.
A retirement plan only works if people understand how to use it.
Longhouse provides plain-English education designed to help participants make better decisions about saving, investing, risk, Roth versus pre-tax contributions, rollovers, retirement income, and long-term planning.
Education can be delivered through:
Group meetings
One-on-one sessions
Virtual education
On-site employee meetings
Targeted participant communication
Simple retirement planning guides
Financial wellness sessions
The goal is not to overwhelm employees. The goal is to help them take the next right step.
Plan fees are often difficult to understand.
We help plan sponsors review investment expenses, recordkeeping costs, advisory fees, revenue sharing, managed account fees, and other charges that may affect participant outcomes.
A plan does not need to be the cheapest plan available. But fees should be understandable, reasonable, and connected to real value.
Longhouse Wealth Management was built around clarity, care, and long-term guidance.
We are not trying to force every employer into the same plan design or the same investment lineup. We believe retirement plans should be tailored to the people they serve.
Our role is to help plan sponsors ask better questions, make thoughtful decisions, and create a plan that is easier to manage and easier for participants to use.
Is our current retirement plan too expensive?
Are our employees using the plan effectively?
Do we have too many investment options?
Are we using the right recordkeeper?
Should we issue an RFP?
Should we add Roth contributions?
Should we consider Safe Harbor, profit sharing, or cash balance plan design?
Are we documenting our fiduciary process properly?
Could our plan be doing more for owners and employees?
Can we improve the plan without making it more complicated?
Longhouse Wealth Management provides investment advisory services. ERISA 3(38) services are available only where applicable and pursuant to a written agreement. Governmental, public agency, church, tribal, and other non-ERISA plans may require a different service structure. This page is for informational purposes only and should not be considered legal, tax, or fiduciary advice. Plan sponsors should consult with legal counsel, tax professionals, and other qualified advisors regarding their specific obligations.
If your organization sponsors a retirement plan, you do not have to wait for a problem to review it.
Longhouse can help you understand what is working, what may need improvement, and what steps could make the plan stronger for both the organization and its participants.
Schedule a retirement plan review:
https://www.longhousewm.com/appointment