A well-designed 401(k) plan helps medical practices attract and retain physicians, nurses, and staff. However, many Principal plans rely on outdated fund options or lack modern features.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 Wake Forest, NC
The first thing to consider when looking to find a financial advisor in Wake Forest, NC: 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 Wake Forest, North Carolina
Wake Forest
Wake Forest is a town in Wake and Franklin counties in the U. S. state of North Carolina. Located almost entirely in Wake County, it lies just north of the state capital, Raleigh. At the 2020 census, the population was 47,601, up from 30,117 in 2010.
The Problem
Fund menus may not include the lowest-cost or most diverse options.- Plan features such as Roth contributions, auto-enrollment, or profit-sharing might be absent.
- Outdated design reduces employee satisfaction and hampers recruitment efforts.
Why Benchmarking Matters
- Benchmarking compares your plan’s design and features to those of peer medical practices.
- Demonstrates that your benefit is competitive in attracting and retaining talent.
- Identifies opportunities to improve staff outcomes without disrupting the current recordkeeper relationship.
How Holland Capital Helps
- Independent review of your Principal plan’s design, features, and investment options.
- Recommendations to improve employee satisfaction and increase retention.
- Focused on practical enhancements 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 maintaining fiduciary duties.
Schedule a free review of your medical practice's Principal 401(k) plan quality.
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Location
Wake Forest, NC - Hours
Monday - 9am-5pm
Tuesday - 9am-5pm
Wednesday - 9am-5pm
Thursday - 9am-5pm
Friday - 9am-5pm - Phone/Fax
P | 877-733-9435
F | (980) 500-1531 - Email Us
chad@hollandcapitalgroup.com
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 current Principal framework.
+What features do staff value most?
Roth contributions, diversified funds, auto-enrollment, and transparent fee structures are becoming increasingly important.