Why Ledgewood Partners
401k committees and administration can be a hassle and a source of personal risk and liabilities. During the Great Resignation, there was a lot of turnovers in benefits and finance staffing. The decision makers who sit on plan committees leave companies, and new committee members, are left holding the liability bag for a prior employee’s decisions. ERISA suits are rampant and financial advisors that are too often relied upon have general investment expertise, but are not 401k plan experts (nor are most committee members). But, this risk can be minimized if you have a documented process.
Our goal is to minimize that risk, manage your retirement plan goals and make your daily administration easier.
I do not select investments for you. I outsource that work to a leading firm. Inclusive in my fee point. This allows me to focus on your needs and your employee's needs.
We are Mission Driven
I worked for Fidelity Investments for 24.5 years and retired in mid 2021. Shortly after that I began volunteer teaching financial concepts in public schools and recognized that there is a lack of financial education available for young people today. I am determined to help bridge that gap. I will do this with my time and with my resources. A percentage of revenue will be donated to public schools for financial education. Of all the things that I wish I was taught in school; financial responsibility is at the top of that list. And I have a degree in Economics!
About me:
I have worked in the retirement plan services industry for over 25 years, 24.5 years at Fidelity Investments and am currently the Principal at Ledgewood Partners, a consulting firm. Throughout my career in the retirement plan services industry, I have held a variety of roles including sales, pricing, plan design consultation, relationship management, benchmarking, consultant relations, communications strategy and participant services.
In addition to these roles, I have continually consulted with plan sponsor clients, national consulting firms, and advisors on topics like pricing best practices and methodologies, administrative design, vendor performance and service team functionality. My practice is focused on your needs. I represent you and help to design, implement and administer a low cost, low risk retirement plan benefit. While still giving you world class benefit services. I work with all vendors and can help drive efficiency for you.