Break-Thru Benefits LLC is a trusted Employee Benefit Consulting Firm located in the capital of the great Inland Northwest. Our staff has more than thirty years of experience in the retirement plan and equity compensation industry. We assume as much responsibility as possible, thus reducing the amount of time the client must spend on recordkeeping and compliance.
Services
The first step in the process of establishing an ESOP is to develop an idea of the type of plan that will best serve the company's interests. Companies have created ESOPs as an employee retirement plan, for purposes of business continuity, financing, enhanced employee motivation or as a combination of all of the above.
Designing the right plan for your organization is of utmost importance. It is the first step in turning an employee benefit program into a management tool. We believe a properly designed plan will solve corporate and personnel problems that go beyond the plan itself. It can be used to solve tax problems, reward key personnel, and improve productivity through better employee morale.
When the consultation and plan design phase is completed, Break-Thru Benefits can generate the legal documentation needed to implement the plan. Before a new plan can begin operating, or when an existing plan is being amended to conform to new laws, a number of tasks must be completed. They involve you - the client, your accountant, your attorney, the government, your employees - everyone connected with or affected by the plan.
Many times the success of an employee benefit plan is dependent upon the participation of employees. Another important service we offer is the written and personal communication of the plan features to all employees. A team of Break-Thru Benefits LLC specialists is available to draft, design, and produce all written material.
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