Consulting Services - Your Objectives, Realized.

Our consulting staff has expertise in business intelligence, cloud technology, ERISA plan compliance resolution, retirement plan benchmarking and fee analysis, retirement plan design, and organizational behavioral inclination assessments. Our consultative engagements adhere to established project management principles, which are designed to meet each client's unique objectives.

Request Proposal

Our Project Management Approach

Identify / Define / Explore

Plan

Design / Develop / Research

Deliver / Implement

Retirement Plan Consulting

Is your company focused on the right things with its retirement plan? Maybe you monitor plan fees and investment returns, but are your employees on track to retire? How much does it cost your company if employees delay retirement because of inadequate retirement savings?

"The retirement landscape is shifting dramatically, making the outlook for retiring Baby Boomers and Generation Xers far less sanguine than for current retirees. 50% of households are 'at risk' of not having enough to maintain their living standards in retirement."

National Retirement Risk Index (NRRI) Center for Retirement Research at Boston College

Our retirement plan consulting team designs outcome-oriented plans for employers. Our advanced analytics can monitor what percent of your employees are on track for successful retirement outcomes. We can share these analytics with employers during retirement plan reviews, so you know exactly how successful your plan is. After all, why would you even have a plan if it doesn't work?

Don't take our word for it, checkout our approach to retirement plan consultative reviews.

View Sample Plan Consultation Report

Is a Cash Balance Pension Plan right for me?

Cash Balance Pension Plans are useful for small business owners who need to accumulate a significant amount of retirement savings in a short period of time. If the owners need to accumulate over $50,000 per year, the business has a steady cash flow, and the employer is already providing a 401(k) benefit to its employees, a cash balance plan may be the solution. Spectrum's Cash Balance Pension Plan Calculator makes it easy to assess whether a Cash Balance Pension Plan is right for your business or professional practice.

View Sample PDF Output Report

Demographic Data and Compensation Input

Grade and Evaluation Output

Plan Intelligence Advanced Analytics

Our Plan Intelligence advanced analytics tells responsible plan fiduciaries whether plans are meeting key success metrics.

Participation Analytics

Participation Trends

Retirement Savings Adequacy

How Much Should You Save for Retirement?

The below table indicates how many times your annual salary you should have saved toward retirement at different ages. As an example, a person age 45 earning $60,000 annually should have saved $240,000 toward retirement. Are you on track?

Age 30

Age 35

Age 40

Age 45

Age 50

Age 55

Age 60

Age 65