After 25+ years, we felt it was time to look to the future and choose a name that reflects not just our leadership’s vision, but also the voices and culture of the people who make us who we are today.
The name MGKS was derived from the initials of our four founding partners, Matthews, Gold, Kennedy, and Snow. We are delighted that Russ Snow is still an essential part of our leadership team.
Derived from the Latin “nidus”, Nydia’s primary meaning is nest, home, or haven. We chose the name Nydia for our Retirement Planning Consulting Group because in everything we do, we strive to create a sense of comfort, protection, and family.
We chose a barn swallow to represent the feeling of coming home and the security and comfort that we strive to provide to our clients, our partners, and our team.
You guide your clients to the right decisions for their wealth. We come to the table as members of your team, experts in everything from 401(k)s and profit-sharing plans to the tax strategies DB and cash balance plans can provide owners. We are your trusted resource to support your clients’ goals.
When you work with the team at Nydia Retirement Solutions, you get not only all the compliance and administration details handled with precision and timeliness, but the strategy and forethought your clients deeply appreciate BEFORE the tax bill is due.
From setting up the right retirement plan for your team, to leveraging the powerful tax-saving strategies of Cash Balance and DB plans for you; we take the time to ensure that your retirement solutions are customized to meet all of your needs today, and into the future.
When your employees have questions about your retirement plan that you can’t answer, we’re here to explain the benefits that you’ve put in place to help them save for the future.
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Over and above expected competence, one of the key characteristics we have come to appreciate from our 30 plus years of work with the professionals at MGKS is integrity. In our world as a fiduciary level investment adviser, maintaining a professional network of firms with integrity is critical.
We appreciate the opportunity to work with the MGKS team. They have great processes, great people, and they give us great confidence to serve as a Pooled Plan Provider given their commitment to compliance and customer service.
I’ve used MGKS for decades to design and administer retirement plans for my clients. They are professional, efficient, and client friendly.
In the world of retirement plan administrators, MGKS is hard to beat. They continually prove their value to both my clients and my firm every day.
Whether you’re starting a retirement plan for the first time or evaluating an existing one, we begin with a detailed review of your employee demographics and business objectives. From there, we provide clear recommendations on the plan that best fits your goals, then draft or restate the governing documents to ensure accuracy, efficiency, and compliance.
We handle the testing and filings required to keep your plan in compliance with IRS and Department of Labor. Our team manages everything from nondiscrimination testing to federal forms, so you can stay focused on your business.
We manage the details of annual plan administration, from contribution tracking to participant statements. Whether pooled accounts or self-directed, our recordkeeping ensures accuracy, clarity, and confidence for both employers and employees.
Our actuaries provide the certifications, calculations, and funding strategies your pension plans require. We deliver accurate reporting, coordinate with your advisors, and ensure compliance with all actuarial and PBGC requirements.