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Oak Harvest Financial Group Launches New 401(k) Services for Houston Businesses

On May 23, 2025, Oak Harvest Financial Group (OHFG), a distinguished Registered Investment Advisory (RIA) firm located in Houston, proudly announced the rollout of its latest service—Oak Harvest 401(k) Business Services. This initiative, crafted in collaboration with Corpus Christi-based Admin316, aims to streamline retirement plan administration and fiduciary duties for businesses in the Houston area that provide 401(k) plans.

Providing a robust retirement plan is an aspiration for many employers; however, the responsibility that accompanies this offering can be daunting and laden with risks. The potential liabilities can stretch from tens of thousands to several million dollars. Employers often seek the assistance of third-party providers to help them align with the regulations set forth by the Employee Retirement Income Security Act (ERISA) and other governing bodies. Neglecting to involve a fiduciary expert in this process significantly elevates the risk levels for employers.

The introduction of Oak Harvest 401(k) Business Services serves to alleviate these concerns. Under this new solution, companies are empowered to maintain their current 401(k) providers while delegating administrative, investment, and fiduciary tasks to seasoned professionals. The result is a streamlined operation that not only conserves time but also minimizes liability and improves the performance of retirement plans.

Troy Sharpe, the Founder and CEO of Oak Harvest, and a Certified Financial Planner (CFP), shares his firsthand experience with exposure to significant liability in the world of retirement planning, which spurred the creation of these services. “I realized my situation was alarming,” he stated, “and that’s what motivated us to develop the new service that prioritizes compliance and ease for employers.”

For those interested in gaining further insights, Oak Harvest is offering a complimentary report titled "6 Must-Knows to Avoid Fines, Penalties, and Liability." This report is accessible on their website here. Interested parties can also reach out directly via email at [email protected] or by phone at (346) 666-6845 for additional questions or to set up an appointment.

About Oak Harvest Financial Group

Located in Houston, OHFG specializes in comprehensive retirement planning and investment management services designed to meet the diverse needs of clients nationwide. The firm employs tailored strategies aimed at both individuals and businesses, focusing on minimizing fiduciary risks, reducing plan expenses, and simplifying 401(k) management processes.

About Admin316

Established in 1997 in Corpus Christi, Texas, Admin316 has earned a reputable position as a leading plan administration team in the United States. The firm is celebrated for its exceptional pension administration and fiduciary services, reflecting the highest standards in compliance, accountability, and client satisfaction.

In a versatile and ever-evolving financial landscape, Oak Harvest Financial Group aims to be the go-to partner for businesses looking to enhance their retirement plan offerings while also protecting themselves from potential legal and financial pitfalls.