Byrne Asset Management · Fee-only since 1999
A 401(k) where employees talk to a real financial planner
Every employee gets a CFP® who reviews their full financial picture. Retirement questions go to us, not HR. No revenue sharing, no buried fees. One team handles payroll, compliance, and employee questions.
Two problems we solve
Employees do not use the plan they have
Most 401(k) plans come with a website and an 800 number. Employees do not call. They do not log in. When they finally have a question, they ask HR, who cannot really help them.
Employees can schedule time with a CFP® who reviews their full situation: what they earn, what they owe, what they are saving, what they will need. They leave with a written action list. When they have follow-up questions, they call us.
Administration creates unnecessary work
Contributions that do not match. Payroll feeds that break. Multiple vendors pointing fingers. These problems land on someone’s desk, usually without warning.
We connect to your payroll system, reconcile every pay run against custodian records, and flag exceptions before they become your problem. One number reaches someone who knows your plan and can act on it.
Find out what you are actually paying
Send us your current fee disclosure. We will show you a line-by-line comparison: what you pay now, what you would pay with us, and where the differences are. If switching does not make sense, we will say so.
What changes for your team
We work with small and medium businesses across New Jersey, Pennsylvania, and the Mid-Atlantic region.
For business owners
You offer a retirement benefit employees will actually use. You see every fee, with no payments going to fund companies. Quarterly reports show what happened and what is coming, without requiring you to chase anyone down.
For HR
Employees stop coming to you with retirement questions because they have someone better to ask. When you need something handled, one call reaches someone who knows your plan and can act on it.
For accounting
Payroll integration with ADP or Paychex that we test and monitor. One reconciled summary per pay run. When contributions do not match, we find the discrepancy and tell you what happened.
How we set up a plan
Initial conversation
We learn about your company, what matters to you, and what is not working with your current plan. You receive a proposal with itemized pricing and no hidden fees.
Plan setup and payroll connection
We prepare plan documents, connect to your payroll system, and test the contribution flow before anything goes live. You review and approve each step.
Employee enrollment
Employees can schedule time with a CFP® who reviews their financial situation and provides a written action plan. This access continues after enrollment.
Ongoing administration
We handle compliance testing, required filings, and participant notices. You receive regular updates showing what was completed and what is scheduled next.
Plan details
Financial planning
- CFP® access at enrollment and ongoing
- Review of complete financial picture
- Written action plan in plain language
Investments
- Low-cost index funds as the core lineup
- Model portfolios with periodic rebalancing
- Self-directed brokerage window available
Fees
- Itemized fee schedule, no bundled costs
- No revenue sharing with fund companies
- You see total costs before you decide
Administration
- Payroll integration tested every pay run
- Contributions reconciled against custodian
- Single point of contact for all issues
Custody and recordkeeping
Plan assets are held at Charles Schwab. Payroll integration through ADP or Paychex.
ADP and Charles Schwab are not affiliated with Byrne Asset Management. No endorsement is implied.
Questions
Who provides financial planning to employees?
CFP® professionals on our team, including Art Ernst, CFP®. They meet with employees individually to review their complete financial situation, not just fund selection. You can meet with our team before making any decision.
How does payroll integration work?
We integrate with ADP, Paychex, and most major payroll providers. We map each contribution type, test the feed before launch, and reconcile every pay run against custodian records. When something does not match, we find it and resolve it before it reaches you.
How are you compensated?
We are a fee-only adviser. Our compensation comes entirely from advisory fees paid by plan sponsors and participants. We do not receive commissions, revenue sharing, or any payments from fund companies. This is disclosed in our SEC-filed Form ADV.
What if we compare fees and decide not to switch?
The comparison is useful regardless of what you decide. If switching does not make sense, or if your current plan is working well, we will tell you. There is no obligation.
See how your current plan compares
In a 15-minute call, we will review your current plan structure, discuss what is and is not working, and explain what a transition involves. If there is a reason to keep talking, we will put together a fee comparison you can review on your own time.
Schedule a call