Get a Quote

Group Retirement Services (GRS)

Group Retirement Services (GRS)

What’s Your Edge in the Talent Acquisition Marketplace?

GROUP RETIREMENT SERVICES (GRS)

Top talent today seeks more than just a paycheck—they want true financial security and long-term value. Offering Group Retirement Savings Plans (GRS) through your employee benefits package not only helps your business stand out in a crowded market but also attracts high-caliber candidates and inspires loyalty among your best people. 

What Do You Need To Know?

Grow Loyalty, Save More

Group Retirement Savings (GRS) plans offer small and medium-sized businesses powerful benefits that go well beyond simple pay:

Benefits of GRS

Offering a GRS plan helps differentiate companies in a competitive talent acquisition marketplace, showing prospective and current team members that their financial well-being matters.

Vesting schedules tied to employer contributions encourage employees to remain loyal, reducing costly turnover and retaining valuable knowledge within the organization.

Employer contributions to GRS plans are tax-deductible business expenses, providing immediate cost savings while helping invest in a more committed workforce.

Staff benefit from automatic, tax-deferred savings and access to diverse investment options, giving them confidence and flexibility for their future.

Implementing a group retirement plan is a strategic, cost-effective way to invest in both a business’s growth and its employees’ well-being

we understand that there's no one size fits all

So Here are the plan Types For You To Choose from

Recognizing that every business is unique, we offer a range of plan options to suit your needs and goals. Choose the retirement solution that fits best—for you and your employees.

Deferred Profit Sharing Plans (DPSPs)​

  • Employer-funded; no employee contributions required.
  • Flexible contributions based on profitability.
  • Encourages employee retention through vesting schedules

Group Registered Retirement Savings Plan (RRSP)

  • Employee contributions via payroll deductions.
  • Employer matches contributions.
  • Easy to manage, flexible, and tax-efficient.

Defined Contribution Pension Plans (DCPPs)

  • Joint contributions from employer and employee.
  • Funds locked in until retirement.
  • Predictable costs, promoting long-term stability and employee retention.

Visualize the future

Retirement Calculator

Our company created this user-friendly calculator to help you clearly visualize your retirement savings potential. Adjust your numbers to instantly see how your contributions and timeline could impact your future goals.
GRS (30)
GRS Calculator - Column Layout
🧮
Calculator
Adjust parameters
$65,000
25 years old
40 years until retirement
5%
3%
💰
Annual Contributions
Yearly savings breakdown
Employee Contribution
$3,250
5% of salary
Employer Match
$1,950
3% matching
Total Annual
$5,200
Combined contributions
📅
Pay Period Breakdown
Per paycheck deductions
Pay Frequency
Monthly
Employee
$271
Employer
$163
Total Per Period
$433
12 times per year
🎯
Retirement Projection
Estimated savings at age 65
At Age 65 • 5% Annual Growth
Total Value
$590,025
Contributions
$208,000
Growth
$382,025
Over 40 years of contributions and growth

EASY ONBOARDING & QUICK LAUNCH on a user-friendly platform!

1

Set Up Plan

Select an employer contribution match, usually 2–5%, to build your retirement program.

2

Guidance & Support

Get personalized expert advice and access to an easy-to-use retirement planning platform.

3

Seamless Payroll Integration

Contributions are automatically managed and deducted through payroll for convenience.




Book a Consult With Your Benefits Advisor Today!

Request a Call
close slider

    Call Me

    Your Custom Plan request has been successfully submitted.

    Thanks for submitting your customized Benefits Plan. We have sent the plan design to your email provided.
    Kindly complete the Request-To-quote (RTQ) and Employee Data Sheet sent to you.
    We will provide a formal competitive market analysis in 5 – 7 business days.

    Warm Regards,
    Wescan Insurance Brokers
    info@wescaninsurance.ca
    Tel: 403-903-2898