401K

401(k) Plans

We Specialize in Managing 401(K)’s for Small & Mid-Size Businesses 

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The Wilsey Asset Management Difference


1. Decrease Taxes and Increase Retirement Savings

By working with our third-party administrators, we can create a retirement plan which maximizes the amount key employees can save for retirement. Not all companies are alike and utilizing a plan specific to your company will enable you to retain top talent while minimizing your tax bill.

2. Improve Employee Participation

Many people are unsure about 401(K) benefits and how investing properly is an important aspect of growing their net worth. At Wilsey Asset Management, educating our clients on 401(K) benefits, investing and what is happening in the economy is very important. We do this by providing daily economic posts, weekly newsletters, regular media appearances, and semi-annual meetings with the participants to discuss the current investments and the economy. We have found that educated clients are less likely to panic during downturns and more likely to make smart investment decisions. This holds true to our motto, “No Emotions, Just Results.”

3. We Alleviate your Liability for the Investments in the Plan 

Employees have increasingly sued employers due to poor performance in their 401(K). As the plan sponsor you are required to select and monitor the investments offered in the 401(K) lineup. Even if you pair with an ERISA 3(21) Investment Advisor, you are still held liable for the investment’s performance. Pairing with a 3(38) Investment Manager such as Wilsey Asset Management alleviates your investment liability burden. 


At Wilsey Asset Management we strive to provide the highest level of customer service for all of our clients, which includes returning all phone calls and emails within 24 hours. 


Who’s responsible for your 401k Investments?

As Trustee of your company’s 401(K) plan, be certain you understand who is handling your investments. Even if you have no investment knowledge, you could still be held liable if the plan’s investments perform poorly. 

3(21) Investment Advisor

3(38) Investment Manager


Can be any financial service provider with the right credentials
Must be Registered Investment Advisor (RIA), Bank, or Insurance Company 


Does not acknowledge fiduciary status in writing
Must acknowledge fiduciary status in writing


Employer and 3(21) share investment liability
3(38) accepts investment liability


Makes recommendations for investments, employer must then decide
Controls investment decisions


Employer must continuously monitor investment lineup
3(38) monitors investments



To find out if you are working with a 3(21) or a 3(38) contact us today
Click to Receive a Free Plan Analysis

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