Employee Benefit Plan Administration - JMR Financial Group

Are you interested in forming an employee benefit plan for your company?

Do you have an existing plan and don’t know if it is the “right” plan?

Are you getting the level of customer service you deserve?

Trust JMR Financial Group to design, implement and administer an Employee Benefit Program, such as a Retirement Plan or Flex Plan, for your business. These Employee Benefit Plans offer both employers and employees significant tax advantages as well as other incentives. Invest now for your financial security by contacting our office.

Retirement Plans

Providing the right retirement benefits is an essential part of attracting and retaining quality employees. A retirement plan needs to offer a wide range of retirement choices to stay competitive. Our goal is to encourage your employees (and business owners) to save and invest for retirement, which will lead to decreased tax liabilities. Let JMR Financial Group take the lead on compliance responsibilities while reducing your administrative costs. Retirement plans are a perfect vehicle to increase employee satisfaction, loyalty and productivity.

We offer several different IRS-approved plans specifically designed to meet the changing needs of your business, yourself and your employees.

The Types Of Plans We Offer:

  • Profit Sharing
  • Safe Harbor 401(k)
  • SIMPLE IRA
  • 403(b)
  • 401(k)
  • Age Weighted
  • New Comparability
  • Roth 401(k)
  • SEP IRA
  • Individual (k)

Cafeteria/Flex Plans

Employees and employers both benefit with a flex plan as each dollar that passes through the plan on a pre-tax basis avoids payroll taxes like FICA, FUTA, and Unemployment. Employers save approximately 8% on the amount that is run through the plan and employees save 30% or more!

What benefits can an employer include in a Flex Plan?

  • Health Reimbursement Accounts (HRA)
  • Health Savings Account (HSA)
  • Employee-paid insurance premiums
  • Medical expenses not covered by insurance
  • Adult and child daycare expenses
  • Adoption expenses

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