With over 500,000 401(k) plans in the US, we are thrilled to announce our 401(k) client in New Jersey, Tingley Rubber Corp,* won the national Plan Sponsor of the Year award!
Each year, Plan Sponsor magazine recognizes plan sponsors who have "shown a commitment to their 401(k) participants' financial health and retirement success." The highly competitive Plan Sponsor of the Year awards are given out annually, each September, across 10 categories of plans.
Michael Scott, Financial Advisor and Owner, Independence Financial, has proudly served the Tingley 401(k) plan for nearly 20 years, continuing a legacy begun in the 1940s by the firm’s founder, Warren “Corky” Coe, of Independence Financial, formerly known as Warren F Coe & Associates. Click here to read more about Tingley and the history with Independence Financial
Advisors, Michael Scott and Glenn Nelson, conduct interactive educational seminars for participants, as well as offer one-on-one consultations, for personalized retirement planning. The Tingley 401(k) plan boasts a 98.1% participation rate with an average deferral rate of 12%. Retirement plans not only assist employees in reaching their retirement goals, they can also serve as a tool to attract and retain talented employees.
If you own a business or are responsible for your company’s retirement plan, schedule 20 minutes with Mike or Glenn to get a second opinion and find out what plan improvements or cost savings may be available for your plan.
*Tingley Rubber Corp 401(k) – 2020 Plan Sponsor of the Year Award (Corp 401k < $25MM) is awarded by Plan Sponsor Magazine to nominated sponsors from across the industry after evaluation of plan administration and participant statistics including participation rate, company match, and other criteria. It is not reflective of plan investment performance and cannot predict the plan’s future success.