Retirement Plans for Small Business Owners
Attracting and retaining top talent is essential to the long-term success of any business. One of the most effective ways to support your employees—and stand out as an employer—is by offering a competitive, well-managed retirement plan.
At Sound Harbor Wealth Partners, we specialize in helping small business owners in Wilmington, NC design and implement employer-sponsored retirement plans that align with both business goals and employee needs.
Why Offer a Retirement Plan?
Providing a retirement plan not only helps your team prepare for the future—it also strengthens employee loyalty and improves retention. It’s a smart investment in your company’s culture and long-term growth.
Our Retirement Plan Services
We offer comprehensive support to simplify the process of setting up and managing your plan:
✅ Plan Evaluation & Selection – We help you compare and choose the right retirement plan for your business, including 401(k), SIMPLE IRA, and SEP IRA options.
✅ Implementation & Enrollment – We coordinate the setup and onboarding process to ensure a smooth experience for you and your employees.
✅ Investment Monitoring – With an in-house RIAC advisor, we provide ongoing oversight of plan investments to help ensure performance and compliance.
✅ Cost Benchmarking – We regularly review your plan’s fees to ensure they remain competitive and reasonable.
✅ Fiduciary Responsibility – As an ERISA plan fiduciary, we take our legal and ethical obligations seriously—always acting in your best interest.
What is a RIAC advisor?
Brad Hudson is our in house RIAC Advisor. The Raymond James Retirement Plan & Institutional Advisory Council (RIAC) is a group of financial advisors who uphold the highest level of fiduciary care for serving retirement plans and retirement plan sponsors. Less than 1% of Raymond James Financial Advisors qualify as a RIAC advisor.