Employer Retirement Plans
SkyOak Capital works with business owners and employers to design, evaluate and improve company retirement plans. Whether establishing a new plan or evaluating an existing one, we help employers understand their options, fiduciary responsibilities, investment choices, plan costs and opportunities to create a retirement plan that works for both the business and its employees.
Depending on the engagement, SkyOak Capital may serve as a 3(21) investment fiduciary or 3(38) investment manager and works alongside the plan’s recordkeeper, third-party administrator and other service providers.
Our Employer Retirement Plans practice is led by Damien Rennie, Senior Wealth Advisor & Director of Employer Retirement Plans and Self-Directed IRA Services, from SkyOak Capital’s Medford, Oregon office.
401(k) & Retirement Plan Options
For businesses establishing a new retirement plan or evaluating whether an existing plan still meets their needs. We help employers evaluate plan design and retirement
plan options, which may include 401(k), cash balance, defined benefit, SEP, SIMPLE IRA and other company retirement plan structures.
Plan Advisory & Fiduciary Services
For employers seeking ongoing investment oversight and fiduciary support for an existing retirement plan. Services may include investment lineup reviews, investment monitoring, fiduciary investment services, plan cost reviews, provider evaluation and employee education.
Solo 401(k)
For business owners with no eligible employees other than a spouse, a Solo 401(k) an provide significant contribution flexibility and may offer features not available through other retirement plan options.
We help business owners evaluate whether a Solo 401(k) is appropriate and how it fits with their broader retirement and financial planning.
Where to Start
The right starting point depends on where your business is today. If you are establishing your first retirement plan, have outgrown a SEP or SIMPLE IRA, or want to reconsider the design of an existing plan, start with 401(k) & Company Plans.
If your company already sponsors a retirement plan and you want ongoing investment oversight, fiduciary support or a review of investments, costs and service providers, start with Plan Advisory & Fiduciary Services.
Business owners interested in making larger employer contributions or creating greater flexibility in how contributions are allocated should explore Profit Sharing & Stock Bonus Plans.
For an owner-only business with no eligible employees other than a spouse, start with Solo 401(k).
Who We Work With
SkyOak Capital works with employers of all sizes, from owner-only businesses and privately held companies to larger organizations with established retirement plans. We work with businesses establishing a new plan, employers looking to improve or redesign an existing plan, and plan sponsors seeking ongoing investment oversight and fiduciary support.
We also work with business owners who want their company retirement plan coordinated with their personal retirement, investment and financial planning.
Fees
Employer retirement plan fees depend on the type of plan, plan assets and services provided. Fees are disclosed in writing before an engagement begins.
Complete information about SkyOak Capital’s retirement plan advisory fees is available on our Fees page and in the firm’s Form ADV.
Your Advisor
Damien Rennie, Senior Wealth Advisor & Director of Employer Retirement Plans and Self-Directed IRA Services, leads SkyOak Capital’s Employer Retirement Plans practice from our Medford, Oregon office.
Damien works with business owners, plan sponsors and their other retirement plan professionals to help design, evaluate and provide ongoing guidance for employer-sponsored retirement plans.