Empower 401(k) Plan Quality for Medical Practices in Garden City, SC

A well-designed 401(k) plan helps medical practices attract and retain physicians, nurses, and staff. However, many Empower plans rely on outdated fund options or lack modern features. Benchmarking keeps your plan competitive in today’s healthcare labor market.

Holland Capital Management in Garden City, SC

The first thing to consider when looking to find a financial advisor in Garden City, SC: who are the team members? That’s critical since your financial well-being requires a lot more than just portfolio management. Along with attention to investments, you will likely need other services.

M. Chad Holland CFA, CFP®

About Garden City, South Carolina

Garden City

Garden City, sometimes known as Garden City Beach, is a census-designated place (CDP) in Horry County, South Carolina, United States. The population was 9,209 at the 2010 census. Garden City Beach is located directly south of Surfside Beach. The developed part of the beach extends south beyond the limits of the Garden City CDP, into Georgetown County, and ends on a peninsula at the mouth of Murrells Inlet.

The Problem

Fund menus might not feature the cheapest or most diverse choices.
Features like Roth contributions, auto-enrollment, or profit-sharing might not be included.
Outdated design lowers employee satisfaction and hampers recruitment efforts.

Why Benchmarking Matters

Benchmarking assesses how your plan’s design and features compare to peer medical practices.
Shows that your benefit package is competitive in attracting and retaining talent.
Identifies opportunities to enhance staff outcomes without disrupting the current process. recordkeeper relationship.

How Holland Capital Helps

Independent review of your Empower plan’s design, features, and investment options.
Recommendations to enhance employee satisfaction and increase retention.
Focused on practical improvements that add value for both physicians and staff.

Our Fiduciary Advantage

Holland Capital Management, led by M. Chad Holland, CFA®, CFP®, is an independent fiduciary advisory firm. We help medical practices offer competitive retirement benefits while fulfilling fiduciary duties.

Schedule a free Empower 401(k) plan quality review for your medical practice.

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Frequently Asked Questions

+Why does plan quality matter?

Competitive retirement benefits help attract and retain skilled staff.

+Do plan improvements require changing recordkeepers?

Not necessarily. Many enhancements can be made within the existing Empower framework.

+What features do staff value most?

Roth contributions, diversified funds, auto-enrollment, and transparent fee structures are becoming more important.