Freedom One Retirement Services Client Testimonials

FREEDOM 401(k) RESULTS

 

By adhering to our core value of EXCELLENCE for nearly 20 years, we have continuously offered the very best 401(k) plan available. Freedom One Retirement Services' enrollment processes resulted in the following proof:

  • Our client retention rate is nearly 100%*
  • Our participant deferral percentage averages 6.2%* -- a result of our proprietary one-on-one enrollment process
  • Our average participation in MAPs is 94%*
  • Our new clients average an 85%* increase in ADP when they compare to past provider

*As of December 31, 2006.

FREEDOM ONE RETIREMENT SERVICES' RECENT ENROLLMENT UPDATE

Kemp, Klein, Umphrey, Endelman & May P.C.:

  • Nearly 100% participation in the 401(k)

  • 9% average deferral

  • 86% of employees are participating in a Freedom One Managed Account Portfolio (MAP)

M.C. Gutherie Lumber:

  • Nearly 90% participation in the 401(k)

  • 9% average deferral

  • 91% of employees are participating in a Freedom One MAP

Eagle Engineering:

  • Nearly 95% participation in the 401(k)

  • 8% average deferral

  • 80% of employees are participating in a Freedom One MAP

Alcona Motors:

  • Nearly 85% participation in the 401(k)

  • 8% average deferral

  • 87% of employees are participating in a Freedom One MAP

Lee Wood Contracting, Essexville, Michigan:

  • Nearly 90% participation in the 401(k)
  • 10% average deferral
  • 100% of employees are participating in a Freedom One MAP

Wolverine Fire, Mount Morris, Michigan:

  • 100% participation in the 401(k) plan
  • 14% average deferral
  • 92% of employees are participating in a Freedom One MAP.
  • CPA Firm Lewis & Knopf, Flint Michigan, (who works with many clients of Freedom One Retirement Services) suggested to Wolverine Fire Protection that they take advantage of the 401(k) Check-Up.  After gaining approval to conduct a 401(k) Check-Up, our research confirmed Wolverine's current 401(k) plan was failing to meet their expectations, mainly with fund performance and higher than normal plan fees.

  • The FREEDOM 401(k) was the solution for Wolverine Fire!  As a result of their decision, they now enjoy nearly 100% participation, double digit average deferral, and over 92% participation in Freedom One’s MAPs.

2006 ENROLLMENT RESULTS

New Case Enrollments

  • 82% participation
  • Our participant deferral average is 6.2%
  • Our average participation in MAPs is 94%

401(k) Plan Participation

  • 1,590 people were met with one-on-one
  • Of the 1590, 1303 joined the FREEDOM 401(k) plan

401(k) Average Deferral Percentage (ADP)

  • Average deferral with past provider was 3.35%
  • Freedom One increased to 6.19% - an 85% increase

MAP Participation

  • Freedom One's average participation in MAPs is 94%

Read more about the success of the FREEDOM 401(k) from several satisfied clients. 

 

 

Plan design, implementation, and employee communication services provided by Freedom One Retirement Services. Registered investment advisory services provided by Freedom One Investment Advisors. Main Headquarters:

8031 M-15
Clarkston, Michigan 48348
P: 248.620.8100
F: 248.620.8111