Welcome to Wellington Financial Group, Inc.

Wellington Financial Group, Inc., is a provider of pension administration services that include the design, setup and recordkeeping for qualified retirement plans in connection with Charles Schwab & Co., Inc. Our Mission is to provide you with the ultimate in customer service. Whether you are an individual with a Self-Directed 401(k), or a business looking to start or move an existing 401(k) plan. Wellington Financial Group, Inc., is committed to providing you with the answers, the time, and the consideration that you deserve. Contact Us Today!
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Simply the Best 401(k) Plan for any size Business

These are some of the features included in our plan:

And much more!

» Click here to review our complete low cost, low fee 401(k)  pricing information
Are you comparison shopping? Our 401(k) Plan speaks for itself.

Wellington Financial Group Inc., was a recipient of the Charles Schwab & Co., Inc. 2010 Superior Client Service and Growth In Net New Assets Award.
If you are comparison shopping there are a few things that set us apart.

  • A low cost, low fee, full-service 401(k) Plan – We handle all aspects of administration and investing;
  • Unlimited Investment Options from the most respected fund families – not just one family of funds;
  • Thousands of no-load, load-waived, no-transaction-fee mutual funds to choose from;
  • Registered Investment Advisers & Certified Financial Planners available to provide advice for all employees at no additional charge (most TPAs can’t offer this feature);
  • No hidden fees, period;
  • A dedicated Client Relationship Manager for the employer and the employees;
  • Online Access to 401(k) accounts;
  • New web-based administration, making the process of submitting contributions and updating employees painless and easy in a safe & secure manner.

We also provide each plan with their own company website, customized with their company’s logo. Your company’s customized website will have everything that you and your employees need to know about your 401(k) plan (i.e. the 401(k) Enrollment Presentation, Customized Enrollment Kits, Educational Training Presentations, Sample Model Portfolios, a list of available mutual funds, and more). Contact us to view a sample of this webpage.

» Click here to do your own comparison
How it Works!
» Steps for establishing a 401(k) Plan with Wellington 

» Click here to see how WCS helps to limit fiduciary liability

Proposal Request Form:

Please provide details and receive a no-cost, no-obligation proposal by email within 24 hours.

  • Please note we will not spam your email with ongoing email.
» Click here to request a FREE proposal

401(k) Plans

Rollovers and IRAs

Plan Design

Wellington's BussinessSolutions 401(k) Plan Wellington Plan Design Wellington Plan Design
Wellington makes it easy for a business of any size to implement a successful corporate 401k retirement plan. Select the plan that’s right for your business. If you were a participant in a tax-qualified retirement plan sponsored by a former employer, you may rollover your money in that plan to a Schwab IRA with Wellington. Having the right plan in place is critical for employers and employees. Too often employers find themselves with a standard plan that fails to take full advantage of employer retirement regulations.
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Pricing/Features

Wellington’s BusinessSolutions 401(k) pricing is simple: You pay a one-time $700 + $20 per participant plan setup fee upon starting your 401k plan, plus the annual recordkeeping fee listed below. Our pricing is extremely competitive and completely transparent.

 

ONETIME PLAN SET-UP COST*:

  • $700 PLUS $20 PER ACTIVE PLAN PARTICIPANT

ANNUAL PLAN RECORDKEEPING COST**:

  • $1,200 PLUS $25 PER ACTIVE PLAN PARTICIPANT***

 

*Plan set-up fee includes the preparation of IRS-approved plan document, customized website, the setup/registration of company master account & employee accounts with Charles Schwab & Co., Inc. This fee is non-refundable in the event of plan cancellation. **Recordkeeping fees are billed semi-annually. **There is a minimum $725.00 semi-annual charge for these plan recordkeeping services.
 

Invest On Your Own or Delegate to Professionals – The Three Investment Profiles***

The BusinessSolutions 401(k) offers three unique investment profiles. Each participant selects their own investment profile and may change profiles at any time.

1. Managed Model Portfolio:
Participant selects a managed model. As contributions are deposited in the participant’s Schwab account, Wellington invests funds for participant based on their model selection.

2. Customized Portfolio: Participant provides Wellington with fund choices and allocation percentages. As contributions are deposited in participant’s Schwab account, Wellington submits purchase orders for plan participant based on their desired allocations. This occurs each pay period.

3. Self-Directed Portfolio:
Contributions are deposited into the participant’s Schwab account. Participant logs on to Schwab’s website or calls Schwab to invest his or her funds.

*** Investment advisory fees paid to Wellington Consulting Services, Inc., are charged directly to the participant accounts on a quarterly basis, based on ending account balances. Wellington does not charge any transaction fees for executing transactions in participant accounts. See Plan Proposal for full details regarding pricing and fees. << Request a Proposal for Details >>

 

Want to know exactly how much money Wellington can save you? Request a proposal today by clicking here!

<< Take a Plan Tour >>

 

Comparing 401(k) Providers

Can you buy Stocks, Bonds, CDs and ETFs in your 401(k)?If you have been searching for a 401k provider with great customer service, nearly unlimited investment options, professionally managed accounts, a reputable custodian, all at a low cost, then Wellington Financial Group, Inc. has the plan you have been looking for.

Does your 401(k) plan offer over 3,000 No-Load Mutual Funds to choose from?

For individual investors, mutual funds offer cost-effective access to professional money management and excellent portfolio diversification. Wellington offers a wealth of mutual fund choices – along with the research to help your plan participants with their investment decisions.

Can your participants elect to have their accounts professionally managed?

Over the last 20 years,our staff has become well experienced in pension plan design and recordkeeping. The firm is highly qualified with it’s combination of both Qulified Pension Administrators (QKA) and Certified Financial Planners (CFP).

Does your plan cost over $100 per month for administrative services?

By keeping everything web-based, and using a well known custodian to process the monthy statements for plan participants, we can hold down costs and still provide all the features and components that even large 401(k) plans don’t have.

Is your retirement plan simple & easy to run and administer?

Retirement plans should be simple for plan sponsors; a one stop service for all your needs including recordkeeping, investments, and employee assistance and education. On top of that you need low costs, extended investment options, Internet technology and employee assistance. If this all sounds like what you are looking for then you have come to the right place.


Want to know exactly how much money Wellington can save you? Request a proposal today by clicking here!