About EIP
Advantages with EIP
Advantages for the Employer
- Single contact is EIP regarding legal plan document, investments, administration, etc.
- Significant assistance with Trustee fiduciary responsibility through our fund review process
- EIP has teamed up with leading edge multi-billion dollar companies
- Thousands of investment choices including mutual funds and managed personal portfolios
- Can add additional funds with no additional expense (recommending approximately 15 funds)
- All charges will be paid through the participants’ accounts directly
- Investment information provided quarterly on plan funds
- Deposit procedures are simplified
- EIP will prepare the Investment Policy Statement for the plan
- Simplified distribution processing
- Form 1099-R’s will be provided directly to participants and filed with the IRS
- Withholding taxes will be deposited directly
- Form 945 will be completed and filed with the IRS
- Administrative reports are timely
- Reduced administrative charges
- Greater retirement plan involvement by participants
- Greater perceived value of benefit by employees
- EIP is making efforts to be more environmentally conscience
Advantages for the Participant
- Participants can choose to have their account professionally managed
- EIP performs live enrollment meetings (recommend annually)
- The participant may make electronic transfers between chosen families of funds with no fees or penalties
- The participant may make transfers or inquiries of account balances via Internet daily
- Participants may print statements of their account from the Internet daily
- Ease of portfolio rebalancing at participant’s election between investments
- Participants may choose asset allocation which meets his/her objectives
- Continued availability of investment selection upon retirement or separation of service
- Timely processing of distribution for terminations, loans and hardships
- Enrollment package includes increased educational materials of investments and planning opportunities
- Easier communication between Employer and participants
- Participants can contact EIP directly regarding all aspects of plan
Copyright 1998-
Employee Incentive Plans, Inc. All Rights Reserved. Reproduction in whole or in part without permission is not permitted.
Securities offered through Securities America, Inc., member FINRA / SIPC. Advisory Services offered through Rice Investment Advisory Services, Inc. Bruce A. Rice, Representative and Anderson Financial, Inc. Erik J. Anderson, Representative. Rice Investment Advisory Services, Inc., Anderson Financial, Inc., Employee Incentive Plans, Inc., and Securities America, Inc. are separate entities and are not affiliated with any other entity named on this site.
The Investment Fiduciary standard of care applies to advisory services only.
Tax and Plan Administration services provided by Employee Incentive Plans, Inc.
Advisory Licensed in TX | Insurance licensed in FL, TX
Securities Licensed in AK, AL, AZ, CA, CO, DE, FL, GA, HI, IL, KS, KY, LA, MA, MD, MI, MT, NC, NJ, NM, NV, NY, OK, OR,
SC, TX, UT, VA, WA, WI
This is not a CPA firm
Web Design and Development by Incorporating Design, LLC.
Securities offered through Securities America, Inc., member FINRA / SIPC. Advisory Services offered through Rice Investment Advisory Services, Inc. Bruce A. Rice, Representative and Anderson Financial, Inc. Erik J. Anderson, Representative. Rice Investment Advisory Services, Inc., Anderson Financial, Inc., Employee Incentive Plans, Inc., and Securities America, Inc. are separate entities and are not affiliated with any other entity named on this site.
The Investment Fiduciary standard of care applies to advisory services only.
Tax and Plan Administration services provided by Employee Incentive Plans, Inc.
Advisory Licensed in TX | Insurance licensed in FL, TX
Securities Licensed in AK, AL, AZ, CA, CO, DE, FL, GA, HI, IL, KS, KY, LA, MA, MD, MI, MT, NC, NJ, NM, NV, NY, OK, OR,
SC, TX, UT, VA, WA, WI
This is not a CPA firm
Web Design and Development by Incorporating Design, LLC.