877-4-WIZDOM (877-494-9366)

©2017 BY NEXt Retirement Solutions. 

Retirement Plan Exchange powered by NEXt

YOUR RETIREMENT PLAN ONLY BETTER!

Hey, we get it. Designing and running a retirement plan can be a challenge.
WHY?

THERE ARE A LOT OF RETIREMENT PLAN PROVIDERS & DESIGN CONSIDERATIONS

HOW CAN YOU BE SURE THAT YOU ARE GETTING THE BEST FOR YOU AND YOUR EMPLOYEES?

RETIREMENT PLANS CAN BE EXPENSIVE

DO YOU UNDERSTAND THE COSTS AND HOW ALL PARTIES ARE COMPENSATED? HOW DO YOU MEASURE FAIR VALUE?

THEY ARE TIME CONSUMING TO ADMINISTER

REQUIRES TOO MUCH WORK BY THE PERSON OR PEOPLE WHO HAVE THE RETIREMENT PLAN RESPONSIBILITY.

401KS HAVE A LARGE LIABILITY EXPOSURE

MOST EMPLOYERS/PLAN SPONSORS DO NOT UNDERSTAND THE ROLES, RESPONSIBILITIES AND REAL RISK IN OFFERING A RETIREMENT PLAN.  

THEY ARE DIFFICULT TO KEEP COMPLIANT

MOST RETIREMENT PLANS THAT ARE AUDITED BY THE DEPARTMENT OF LABOR FAIL THE AUDIT, AVERAGE FINES OVER $200K! 

Clear & Complete.
Compliant & Cost-Effective.

Built to be a turnkey 401(k)!
 
 

PLAN SPONSOR TASKS
WITHOUT NEXt

INVESTMENT CHOICES
PLAN DESIGN
TRUSTEE DUTIES
FIDUCIARY
PAYROLL
HARDSHIPS
NOTICES
RECORDKEEPING
TERMINATIONS
LOANS 
QUALIFIED DOMESTIC RELATIONS ORDERS
ELIGIBILITY

PROVIDE YEAR END CENSUS DATA
EMPLOYEE COMMUNICATIONS
SUMMARY PLAN DOCUMENTS
REQUIRED MINIMUM DISTRIBUTIONS
ROLLOVERS
DISTRIBUTIONS
PARTICIPANT SUPPORT
ENROLLMENT
EMPLOYEE EDUCATION MATERIALS
MONITOR CUSTODIAN

MONITOR TPA

MONITOR INVESTMENTS

MONITOR BROKER

PLAN SPONSOR TASKS
WITH NEXt

 MONITOR NEXt

SUBMIT PAYROLL FILES TO NEXt
PROVIDE YEAR END CENSUS DATA

All true concerns, but the fact is:
 
A  401(k) may be the best recruiting and retention tool a employer can use.


CHOOSE 

 
 
 
Fiduciary Liability Protection

UNDERESTIMATING THE IMPORTANCE OF YOUR RESPONSIBILITY CAN BE A COSTLY MISTAKE

The DOL's states that "the primary responsibility of fiduciaries is to run the plan solely in the interest of participants and beneficiaries and for the exclusive purpose of providing benefits and paying plan expenses.  Failing to ensure this happens can result in costly fines and plan disqualification.  67.2% of company's retirement plans that are audited by the Department of Labor fail the audit.

The Fiduciary Responsibility and by extension, the risk, is placed on YOU, as the Plan Sponsor.

You may hear other firms promise "Fiduciary Liability Protection" in their sales pitch. However,  in a court of law they will refuse any liability. NEXt, is listed as the Named Fiduciary on your plan - meaning that with the you are protected to the highest degree allowed by law.

 
Cost Containment
 

REDUCE STAFF COSTS

WITH NEXt AS YOUR NAMED FIDUCIARY, YOUR EMPLOYEES CAN SPEND LESS TIME WORRYING ABOUT THE RETIREMENT PLAN AND MORE TIME HELPING TO GROW YOUR BUSINESS!!!

ELIMINATE FINES & PENALTIES

WITH NEXt FOCUSED ON YOUR COMPLIANCE, IRS AND DOL AUDITS WILL BE A BREEZE.  NO NEED TO WORRY ABOUT COSTLY FINES AND PENALTIES

SHEILDED FROM LIABILITY

NEXt HELPS TO SIGNIFICANTLY REDUCE YOUR PERSONAL FINANCIAL RISK WITH OUR  3(16) FIDUCIARY LIABILITY PROTECTION.

REDUCED PLAN COST

NEXt's PLAN BASED ON THE "ECONOMY OF SCALE" CONCEPT. THIS ALLOWS THE AGGREGATION OF MULTIPLE EMPLOYER'S 401(K) PLANS TOGETHER UNDER A SINGLE COMPREHENSIVE RETIREMENT SOLUTION.  

THIS "ECONOMY OF SCALE" ALLOWS NEXt TO OFFER SERVICES THAT MOST PROVIDERS CANNOT OR DO NOT OFFER.  COMPARABLE OR EVEN LOWER COSTS ARE ANADDED BENEFIT SINCE THE SERVICES ARE BEING OFFERED TO MANY AT ONCE

 

Best of the Best Partnerships

CUSTODIAL & PAYROLL INTEGRATION

PROFESSIONAL INVESTMENT MANAGEMENT as 3(38)

THIRD PARTY ADMINISTRATION

FULL FIDUCIARY SERVICES as 3(16)

 
Client Testimonials

“When I needed advice, the team at NEXt was there to guide us through every step of the decision-making process with our transfer plan.  With their help, we managed to get it transitioned over amazingly fast.”

“As a young company, we appreciated the online connectivity that NEXt brings to our retirement plan. It makes recruiting our growing staff easy, so i can focus on growing the business instead of processing paperwork! Thank you team.”

“I’m so happy I chose to work with NEXt. From the initial discussion, to the day-to-day details of running our 401(k) plan. I'm now able to spend my time doing the things I love instead of worrying about my retirement plan.”

MAGII PENSION SERVICES

PLAN MANAGER - THIRD PARTY ADMINISTRATOR &
3(16) FIDUCIARY

As the founder of the NEXt retirement solution, , magii ensures your plan reaps long-term rewards with easier day-to-day operations. 
 

Magii acts as your Retirement Plan Department so you don't have to be an expert. We're the buffer between you and the Department of Labor/IRS to keep you compliant, we provide fiduciary liability protection, and our NEXt exchange solution is extremely competitively priced with plans that do not provide these valuable services

TRANSAMERICA

CUSTODIAN / RECORDKEEPING SERVICES
PASS & Portfolio XPress

As an industry leader in the Open MEP/Exchange marketplace, Transamerica is an industry-leader, record-keeping over $242 Billion in assets under advisement and more than 75 years of retirement plan experience. They provide the custodial and recordkeeping services to assure our plan sponsors and their employees with the best-in-class retirement plan services and solutions.  NEXt is proud to be the only exchange utilizing Transamerica's PASS and Portfolio Xpress services to leverage our already amazing services and investment fund lineup.

LEAFHOUSE FINANCIAL

3(38) PROFESSIONAL INVESTMENT GUIDANCE

LeafHouse Financial Advisors is a completely independent registered investment advisor that specializes in serving as a third-party fiduciary for qualified plans. The firm has been recognized by Financial Advisor as one of the Top 50 Fastest Growing Investment Advisors for five consecutive years, by PLANADVISER as one of 2017’s Top 100 Retirement Plan Advisers, and by the National Association of Plan Advisors as a finalist for the 2016 401(k) Advisor Leadership Award. Additionally, the firm was certified by DALBAR as a qualified ERISA 3(38) adviser.

 

Their proprietary LeafHouse GPA® or Grade Point Average scoring system ensures you, as adopting and participating employer, that the investment decisions always follow a documented prudent process.

COLONIAL SURETY COMPANY

SURETY / FIDELITY / FIDUCIARY BOND

We have partnered with Colonial Surety, a leading provider of ERISA/Pension Fidelity Bonds to be able to offer flat rate ($100) Fidelity/ERISA bonds to all our plan adopters.  Be compliant and pay less!

Colonial Surety is a national insurance company, registered in all 50 states and U.S. territories, and have provided insurance products since 1930.  They are the largest direct-seller for ERISA/Pension Fidelity Bonds in the U.S., and are an exclusive partner of magii pension and the NEXt exchange.

DOCUSIGN

ELECTRONIC SIGNATURE TECHNOLOGY 

DocuSign® is changing how business gets done by empowering more than 300,000 companies and 200 million users in 188 countries to sign, send and manage documents anytime, anywhere, on any device, with confidence. 
 

DocuSign replaces printing, faxing, scanning and overnighting documents with the easiest, fastest, most trusted way to make every approval and decision digital.
 

As NEXt was built to be a more digital solution (read: faster), we decided from the start that we would engage DocuSign to make signing the required forms and paperwork to establish and maintain our plan easier and secure.  You can even do so right from your mobile device!  NEXt is proud to be the first and only exchange offering this great service.

 
 

OUR BELIEF IN
SOCIAL RESPONSIBILITY

The team at NEXt believes that when much is given, much is expected and to help future generations improve their retirement readiness, we believe in the value of financial education.  Therefore, NEXt has made a firm commitment to donate a portion of the profits of each NEXt plan sold to a national charity whose sole purpose is to empower individuals and families on financial planning through every stage of their lives. 

Thank you for helping NEXt grow and by doing so, helping others.

Everyone wins!

 

 
This site was designed with the
.com
website builder. Create your website today.
Start Now