401(k) Plan Advisor
As a 3(21) fiduciary investment advisor, we share fiduciary responsibility for your plan's investment lineup, so your employees get real guidance and you get a documented, prudent process.
Explore My OptionsRunning a company retirement plan comes with more responsibility than most business owners realize.
As a plan sponsor, you're personally liable for the plan's investment decisions, and without a fiduciary advisor, that risk sits with you alone.
They get a login and a list of funds. No one sits down with them. No one explains what their options mean. And when the market drops, no one calls to reassure them.
You chose a 401(k) provider years ago and nothing has changed since. No proactive reviews. No updates when regulations shift. No one checking whether your plan still fits your company as it grows.
We serve as a 3(21) fiduciary investment advisor for your plan, backed by LPL Financial's institutional platform. That means you get boutique attention with enterprise-level resources.
We research, recommend and monitor your plan's investment lineup as a co-fiduciary, so the responsibility is shared while you keep final approval. We document every recommendation so you have a clear audit trail.
We don't set it and forget it. Your plan gets reviewed regularly against industry benchmarks for fees, fund performance, and participation rates. If something needs to change, we make the recommendation and explain why.
Your team gets access to an advisor who knows them by name. We offer group education sessions and one-on-one meetings so employees actually understand their options, contribution strategies, and how to make their 401(k) work for their goals.
Regulations change. Contribution limits shift. New rules create opportunities (or obligations). We stay on top of it and keep you informed ahead of changes, so an audit holds fewer surprises.
Because we also serve business owners and executives with personal financial planning, we see the full picture. Your company plan and your personal wealth strategy work together instead of in separate silos.
Boutique Service, Institutional Backing
Sporos is affiliated with LPL Financial, which gives your plan access to institutional investment platforms and compliance support, with 2 advisors who know your company.
That means your plan gets access to institutional-grade investment platforms, competitive pricing, and robust compliance infrastructure. And your employees get an advisor who knows them by name.
Nasar brings over 15 years of private equity experience to the table, giving your plan access to investment analysis typically reserved for institutional portfolios. As a father-son team, we bring continuity: the same two advisors on your plan, year after year.
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A straightforward process from initial review to ongoing partnership.
We evaluate your current 401(k) plan: fees, fund lineup, participation rates, and provider. No cost.
We present investment lineup recommendations, fee comparisons, and a clear outline of our role as your 3(21) fiduciary advisor.
We handle the transition and coordinate with your recordkeeper so the change is as smooth as possible for your team.
Quarterly investment reviews. Annual plan benchmarking. Employee education sessions. A dedicated advisor who picks up the phone.
Answers to the questions we hear most from business owners about plan advisory services.
A 3(21) advisor is a co-fiduciary on your plan's investments. We research and monitor the funds in your lineup, recommend changes when a fund falls short, and document the reasoning. You keep final approval of every change, and the fiduciary responsibility for those decisions is shared between us. A 3(38) advisor is different: it has discretion to make the investment decisions itself.
As a plan sponsor, you have a fiduciary duty to act in your employees' best interest when it comes to plan investments. By hiring a 3(21) fiduciary advisor, you're demonstrating prudent process. We document our investment analysis, provide written recommendations, and keep records that help you show a prudent process if the Department of Labor reviews or audits the plan.
Absolutely. We work with companies ranging from 10 to 500 employees. Our affiliation with LPL Financial gives your plan access to institutional investment platforms.
Not necessarily. We can often work alongside your existing recordkeeper as an independent investment advisor. If a different setup would serve the plan better, we'll show you why and recommend alternatives. But we start with what you have and only suggest changes when they genuinely benefit your plan.
Our fee-based advisory services for 401(k) plans are typically based on plan assets. We'll provide a transparent fee quote during your plan review so you can compare it with what the plan pays today.
Book a free plan review and we'll show you exactly where your current 401(k) stands on fees, investment quality, and fiduciary protection.
Explore My OptionsOr call us directly: (949) 729-9994
