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Business

Employer Retirement Plans

Our Philosophy Retirement Plan Benefits Get Started

You hear about it often the importance of saving for retirement. And with longer life spans, increasing medical costs and fluctuations in financial markets, building significant retirement savings is more vital than ever.

As a business owner, offering an employee retirement plan is just as important. More than 40 percent of employees would refuse a job that doesn't provide retirement benefits, according to the Employee Benefit Research Institute. And small companies that offer attractive retirement packages have significantly lower turnover rates. In short, providing this benefit will help you recruit talented people, retain your best employees and boost workers' morale.


About Northrim Investment Services

Offering a quality retirement plan for your employees doesn't need to be costly, time consuming or complicated. That's where Northrim Investment Services comes in. We provide high-value, standard solutions that can meet many small business' needs.

Full range of options. Choose from a full range of standard retirement options including 401(k)s, Roth 401(k)s, Simples and SEPs.

Smart investment. Our diversified portfolios are carefully designed to meet the needs of a wide range of investors, with historically above-average returns and below-average risk using a time-honored investment strategy. We monitor, rebalance and adjust the portfolios to maximize performance and your return on investment.

Local experts. We'll guide you in selecting the retirement plan options that benefit both your business and your employees. Your local Investment Advisor Representative will work with you to monitor your investments, address any questions or concerns, and make adjustments as your business grows and changes.

Easy and simple. With customized employee education, administrative services and online tools, we make managing your employee retirement plan easy and simple so you can focus on the other areas of your business.

Cost-effective. We have a competitive fee structure that is in line with or below industry standards. Plus, you may be able to realize tax benefits, such as tax deductions for your plan contributions.

Objective and transparent. We are independent advisors, which means we're committed to serving our clients and not competing outside interests. We also provide clear and upfront disclosure of all fees and costs.

20 years of trust. After 20 years in Alaska, Northrim continues to prove that we are a leader in helping Alaska businesses achieve more. We've invested millions into our communities, and we're active and engaged in Alaska's economy and its future.


Retirement Plans That Benefit Both Your Business and Your Employees

For Your Business

In addition to attracting and retaining good employees, and taking advantage of possible tax incentives, here are some other benefits of investing with Northrim Investment Services:

  • Competitive fee structure
  • Single point of contact and dedicated client service representatives
  • Customized employee education
  • Automated distribution processing
  • Comprehensive administrative and reporting services, including electronic processing; administrative, testing and reporting capabilities; online management reports; phone support; signature-ready IRS form 5500; IRS form 1099R report issued and filed automatically
  • Online tools, including non-discrimination testing; payroll processing of contributions; and loan, distribution and rollover processing

For Your Employees

By offering your employees a retirement plan through Northrim Investment Services, you may be providing one or all of these:

  • Peace of mind that their retirement years will be financially secure
  • Tax benefits
  • Employer matching contribution
  • Online tools, including easy enrollment, full account access and control, educational tools, account transfers and reallocations
  • 24/7 phone account access
  • Daily account valuations
  • Retirement plan calculators and retirement information library

Get Started

Contact an Investment Advisor Representative to learn more or get started

Call or come in today!


Northrim Investment Services offers investment services through its affiliates,
Elliott Cove Capital Management and Elliott Cove Insurance Agency.
Investment and insurance products are:
Not insured by the FDIC or any other federal government agency.
Not a deposit of or guaranteed by Northrim Bank.
May lose value.

Investment and insurance products are:
Not insured by the FDIC or any other federal government agency.
Not a deposit of or guaranteed by Northrim Bank.
May lose value.


Deposit and loan products offered by Northrim Bank, Member FDIC.

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