Ekon Benefits: Local Firm Reinvents The Way America Saves For Retirement

The American Way, for companies who care, provides 401(k) savers a high quality, low cost solution through St. Louis based retirement consultants Ekon Benefits.  By eliminating the hidden costs of Wall Street and emphasizing transparency, The American Way has reengineered the 401(k) for “Main Street”, ultimately benefitting plan sponsors and participants. Specific advantages of the program include:

    - co-fiduciary protection
    - complete fee transparency
    - low cost mutual funds
    - state of the art reporting, and
    - expert consulting and administrative services

Founded in 1981 in St. Louis by Keith Kowalczyk, Ekon Benefits has served its clients for over 35 years. With Kowalczyk still at its helm as president and chief actuary, the team at Ekon provides specialized knowledge in the consulting and administration of group retirement plans.  The American Way, Ekon’s game-changing approach to traditional 401(k) plans, combines Fiduciary best practices with expert plan administration.  When asked about this new offering, Kowalczyk proudly states, “Americans are innovative, idealistic and self-reliant with a high moral code.  As stewards of America’s retirement savings, Ekon is dedicated to assisting plan Fiduciaries and Participants in achieving these high standards.”

Differentiating itself by utilizing proprietary software and providing each client a Dedicated Plan Specialist who acts as a single point of contact for both the client and participants, Ekon has built strong, lasting relationships with its clients.  Eliminating middle-men also ensures a seamless and cost-effective approach.

In addition to the comprehensive, customized retirement plan administration and consulting offered by Ekon, clients will benefit from the Fiduciary Investment Advisory services offered through its sister company, Ekon Advisors. “Ekon Advisors provides plan sponsors the peace of mind of co-fiduciary protection,” says Kowalczyk.

With all services under one roof and middle-men eliminated, the process is simplified for the client. “We have the services of a large, National firm right in your backyard,” says Kowalczyk. “Our commitment to consistent high quality service for each client is our driving force.”
With a steadfast dedication to clients, Ekon has grown by adapting its services to clients’ needs over the past three and a half decades.  No matter the needs of the client and participant, Ekon’s long-standing tradition of offering high quality retirement plan administration and consulting for a very reasonable cost can help clients get one step closer to a comfortable retirement.