Retirement plans a solution to your fringe benefit challenges
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Retirement plans a solution to your fringe benefit challenges

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Presented by Ed Fuentes at the Texas Water Conservation Association Conference in The Woodlands, Texas - March 2014

Presented by Ed Fuentes at the Texas Water Conservation Association Conference in The Woodlands, Texas - March 2014

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    Retirement plans a solution to your fringe benefit challenges Retirement plans a solution to your fringe benefit challenges Presentation Transcript

    • Retirement Plans: a solution to your “Fringe Benefit” challenges Mar 2014 Ed Fuentes – Regional Sales Director Presented with Mike Affleck - Tetra
    • For Broker, TPA or Plan Sponsor Use Only Your Employees They want to know how much to save. » The average personal savings rate for Americans is 4.3%.1 2 1 EBRI Databook on Employee Benefits, Chapter 9. U.S. Savings Rates, 2010. 2 Changes occurred from January 1-December 31, 2008; http://ici.org/policy/retirement/retirement/09_news_recordkeeping 3 EBRI Issue Brief October 2009, No. 335., p.11. They’re not sure where to invest. » Only 12.4% of participants changed the asset allocation of their contributions in 2008.2 They wonder what their retirement income will be... » With a 5% annual withdrawal rate on the median 401(k) balance of $43,700, a retiree’s income will only be $182 per month.3
    • For Broker, TPA or Plan Sponsor Use Only Why partner with Tetra and Great- West FinancialSM? 3 3 Benefits of Utilizing a Retirement Plan Great compliment to your group medical plan Investment flexibility all indentified by TICKER Full suite of educational tools and resources Dedicated service teams to support your employees Competitive and fully disclosed Focused on allocating all fringe dollars
    • For Broker, TPA or Plan Sponsor Use Only Tetra - Provide customized employee benefits and specialized retirement plans to government entities and government contractors - Great-West’s partner has been in business 30 years and has services reps that cover all 50 states. - Services provided: fully insured major medical plans, self insured medical plans, limited medical plans, retirement plans, RIA services, COBRA, custom open enrollment websites…etc. Partnership with Great West: Block of business for Austin office alone is in excess of 160 plans Projected to work on 30-50 plans this year.
    • For Broker, TPA or Plan Sponsor Use Only So, How Can We Help? • If you have A PER HOUR BUDGET for “Benefits” • If it’s important to use ALL the budgeted Dollars Tetra can assist you in: • customized benefits package for the ENTIRE per hour amount – • satisfying your obligation avoiding payroll taxes (1,500 per year per full time employee on average) Note: when you are subject to SCA or DBA you have unique concerns that commercial employers do not—it’s all about compliance!
    • For Broker, TPA or Plan Sponsor Use Only WHAT makes retirement plans a good compliment? (401a and or 401k) • Flexible products (any size organization) • Participant service model (your employees call us directly) • Well-Known Mutual Funds as investment options • Competitive Pricing from top 5 retirement provider • Websites, Mobile Apps…etc. Note: Our Retirement Plan Document can support your current arrangement
    • For Broker, TPA or Plan Sponsor Use Only Efficient administration of all your benefits : • We provide 360 payroll integration • We serve as single point of contact for benefits and compliance • We are geared to assist your employees directly
    • For Broker, TPA or Plan Sponsor Use Only 2. Great-West Financial, through December 31, 2012 Only represents assets under administration of Great-West Financial. Does not represent the assets and liabilities of any Great-West Financial insurance company. Stability and Scale 8 4th largest record- keeper based on total participant accounts1 Serve more than 27,000 plans and 4.7 million participant accounts2 Provides record keeping services to retirement plans with $179 billion in assets2 1. Source: Plansponsor Recordkeeping Survey, 2012 Great-West Financial family of companies refers to Great-West Life & Annuity Insurance Company (GWLA), its subsidiaries and affiliates including. Great-West Life & Annuity Insurance Company of New York and FASCore, LLC. 179
    • For Broker, TPA or Plan Sponsor Use Only Stability and Scale A+1 A.M. Best Company, Inc. – Financial Strength, Operating Performance, and Business Profile Superior Highest of ten categories AA2 Standard & Poor’s Ratings Services – Financial Strength Very Strong Second highest of ten categories AA2 Fitch Ratings – Financial Strength Very Strong Second highest of nine categories Aa32 Moody’s Investors Service – Financial Strength Very Strong Second highest of nine categories 9 1 Superior (highest of 10 categories) 2 Very strong (second highest of nine categories) 3 Very strong (second highest of nine categories) 4 Very strong (second highest of nine categories)
    • For Broker, TPA or Plan Sponsor Use Only 10 Service Delivery Team EMPLOYER Great-West Implementation Mgr Great-West Relationship Mgr Executive Contact Account Manager Pension Consultant Investment Consultant Communication Implementation TPA TETRA Professionally Administered Services: Actuarial Services • Compliance Consulting • Compliance/Federal Reporting • Recordkeeping/Administration • Trust Services/Retiree Administration • Education/Communications • Investment Services Your plan advisor is not affiliated with Great-West Life & Annuity Insurance Company, GWFS Equities, Inc. or their subsidiaries or affiliates.
    • For Broker, TPA or Plan Sponsor Use Only Asset Class Spectrum 11 All logos belong to their respective owners and used with permission. These are just a few of the name brand money managers available on our platform…
    • For Broker, TPA or Plan Sponsor Use Only Visit Website Demo at www.gwrsdemo.com 12 FOR ILLUSTRATIVE PURPOSES ONLY.
    • For Broker, TPA or Plan Sponsor Use Only 13 Core securities, when offered, are offered through GWFS Equities, Inc. and/or other broker dealers. GWFS Equities, Inc., Member FINRA/SIPC, is a wholly owned subsidiary of Great-West Life & Annuity Insurance Company and an affiliate of Great- West Life & Annuity Insurance Company of New York, White Plains, New York, and FASCore, LLC (FASCore Administrators, LLC in California). Great-West FinancialSM refers to products and services provided by Great-West Life & Annuity Insurance Company; Great-West Life & Annuity Insurance Company of New York, White Plains, New York; their subsidiaries and affiliates, including Great-West Trust Company, LLC. Great-West Retirement Services® refers to products and services provided by Great-West Life & Annuity Insurance Company, FASCore, LLC (FASCore Administrators, LLC in California), Great-West Life & Annuity Insurance Company of New York, White Plains, New York, and their subsidiaries and affiliates. Great-West Life & Annuity Insurance Company is not licensed to conduct business in New York. Insurance products and related services are sold in New York by its subsidiary, Great-West Life & Annuity Insurance Company of New York. The trademarks, logos, service marks, and design elements used are owned by Great-West Life & Annuity Insurance Company. GWFS Equities, Inc., or one or more of its affiliates, may receive a fee from the investment option provider for providing certain recordkeeping, distribution and administrative services. Core investment options may be offered through mutual funds, separately managed institutional accounts, collective trust funds, and/or a group fixed and variable deferred annuity. ©2013 Great-West Life & Annuity Insurance Company. All rights reserved. Prior to selecting investment options for your plan, plan sponsors should consider the investment objectives, risks, fees and expenses carefully. For this and other important information, you may obtain prospectuses for mutual funds, any applicable annuity contract and the annuity's underlying funds, and/or additional disclosure documents from your registered representative. Read them carefully.
    • For Broker, TPA or Plan Sponsor Use Only 14 Core securities, when offered, are offered through GWFS Equities, Inc. and/or other broker dealers. GWFS Equities, Inc., Member FINRA/SIPC, is a wholly owned subsidiary of Great-West Life & Annuity Insurance Company and an affiliate of Great- West Life & Annuity Insurance Company of New York, White Plains, New York, and FASCore, LLC (FASCore Administrators, LLC in California). Great-West FinancialSM refers to products and services provided by Great-West Life & Annuity Insurance Company; Great-West Life & Annuity Insurance Company of New York, White Plains, New York; their subsidiaries and affiliates, including Great-West Trust Company, LLC. Great-West Retirement Services® refers to products and services provided by Great-West Life & Annuity Insurance Company, FASCore, LLC (FASCore Administrators, LLC in California), Great-West Life & Annuity Insurance Company of New York, White Plains, New York, and their subsidiaries and affiliates. Great-West Life & Annuity Insurance Company is not licensed to conduct business in New York. Insurance products and related services are sold in New York by its subsidiary, Great-West Life & Annuity Insurance Company of New York. The trademarks, logos, service marks, and design elements used are owned by Great-West Life & Annuity Insurance Company. Managed account, guidance and advice services are offered by Advised Assets Group, LLC (AAG), and a federally registered investment adviser. More information can be found at www.adviserinfo.sec.gov. Ibbotson Associates, Inc. is a registered investment adviser and is not affiliated with AAG, its parent company Great-West Life & Annuity Insurance Company, or any other affiliated companies and/or subsidiaries. GWFS Equities, Inc., or one or more of its affiliates, may receive a fee from the investment option provider for providing certain recordkeeping, distribution and administrative services. Core investment options may be offered through mutual funds, separately managed institutional accounts, collective trust funds, and/or a group fixed and variable deferred annuity. ©2013 Great-West Life & Annuity Insurance Company. All rights reserved. NOT A DEPOSIT | NOT FDIC INSURED | NOT BANK GUARANTEED | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY | FUNDS MAY LOSE VALUE