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The 401(k) Exchange

According to a survey by GOBankingRates, 42% of Americans have less than 10K saved for retirement. Many business owners are concerned for themselves and their employees.

In conjunction with Transamerica and TAG Resources, Resonant Financial Management has built a 401(k) Exchange (group plan), which may benefit organizations like local Chambers of Commerce, trade associations, tech groups, and individual companies through discounts/service offerings and support business groups through non-dues revenue, if their bylaws allow.

Most small- and medium-sized businesses leverage the Exchange to gain professional assistance with the administrative, fiduciary, legal, and ethical responsibilities of a 401(k) plan. Additionally, many sponsors (employers) gain insight and support regarding their obligation as the trustee for their plan.

The group 401(k) Exchange was specifically designed these professional businesses; it greatly reduces sponsors’ administrative burdens, freeing plan participants to perform their profitable core work.

Additionally, in today’s tight labor market, attracting and retaining quality employees can be challenging. Having a quality retirement plan in place can significantly boost the attractiveness of any offer.

Standout features of the Exchange:

  • 3(16) administrative fiduciary support, including retirement plan payroll support. 
  • 3(38) fiduciary investment management support and training for members. 
  • Ongoing financial advisory services for the sponsors and their participants. 
  • Individually tailored plan documents detailing every sponsor’s goals, which offer flexibility and choice within the exchange program.


About us: Resonant Financial Management is a financial services firm that focuses on retirement plans and financial management.

Transamerica is the leader of 401(k) group plan solutions in the US with over $250B in plan assets, 85+ years of retirement market experience, 4.4 million participants, and support of more than 28,000 plan sponsors. They also offer investment management, life insurance and other investment-related products and services.

If you're ready to discuss how the 401(k) Exchange may serve your needs, contact us today.


Clients also come to us for a range of Retirement Plan Services including:

  • Co-Fiduciary services -- 3(21)
  • Retirement plan design and consulting
  • Benchmarking
  • Investment oversight and review
  • Defined benefit plans
  • ESOPs
  • More…
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