Prompt, Proactive, Professional.
Dedicated support from certified 401k experts
With JULY plans you receive the support you need to service and sell retirement plans.
Hands-On, Expert Service
Experienced Client
Service Team1
Proactive Plan
Fiduciaries
Participant Support
(Toll-Free and Chat)
Sales and Service Resources for Financial Consultants
1JULY CSMs have attained or are attaining their Qualified 401(k) Administrator certification, or higher level, from the American Society of Pension Professionals & Actuaries.
We Do It for You1
JULY serves as the 3(16) fiduciary for JULY plans. With 3(16) fiduciary services your clients receive comprehensive plan management to reduce their workload and minimize liability. Our expert team does the work and keeps you and your clients informed.
Prepare the Plan Document / Sign Amendments2
Obtain Fidelity Bond
Oversee Plan Vendors / Approve Invoices
Calculate / Track Plan Eligibility
Calculate Employer Contributions / Forfeitures
Track Contributions / Manage Census Data
Prepare and Sign Form 5500
Manage / Approve Distributions and Loans
Prepare Annual Census File
Hold Annual Plan Review
Mail Participant Materials / Notices3
Maintain Plan Records
2The employer signs the initial Joinder Agreement to adopt the JULY Pooled Employer Plan. JULY adopts and signs all plan documents and amendments.
3Service includes providing the plan sponsor initial enrollment materials and notices. Ongoing electronic material and notice delivery to the plan sponsor for distribution is also included.
You Play an Important Role
Enrollment, education and the plan’s quarterback
Your play an essential role in maximizing the value of your plan. You help enroll and educate participants, review investment reports, and provide overall plan support.
Enrollment
You help with initial and ongoing enrollment of employees and will tailor services and meetings to the needs of your client.
Education
You educate your client’s employees about the importance of savings, the benefits of the 401k plan, and help create strategies for success.
Quarterback
You serve as the plan’s quarterback, participating in plan reviews, monitoring employees’ retirement readiness, and recommending changes along the way.
Services for Your Client’s Employees
JULY plans include the services, support, and technology participants need to create effective savings plans and manage their accounts.
Support
JULY provides toll-free and chat support for employee questions about plan features, technology, and taking disbursements or loans. Live support is available 8:15 AM to 5:15 PM, Central Time.
Statements
Participants receive quarterly statements that are automatically posted to the plan website showing their account balances, investment details, transaction summary, and rate of return for the quarter.
Account Access
Participant’s have 24-hour, on-demand access to the plan website to manage their account, print statements, make changes to their elections, request distributions or loans, or plan their savings needs.
Getting Started
It’s easy to get started with JULY plans. Below are the steps to set up your plan.