During the life of your business, our 401(k) financial advice process we can help lower your plan fees, offload some of your fiduciary responsibility, and lower your legal risk by implementing our 401(k) plan management process.
What Our Clients Value About Us
Improved participant outcomes
Less time spent on plan/administration
Objective resource to help make plan decisions
To ensure your plan fees are reasonable, we systematically perform the following tasks:
Annual Investment Fee benchmark
Annual Record Keeper benchmark
Annual Financial Advisor Compensation benchmark
Proactively re-negotiate vendor fees as plan grows
Proactively lower our own fees as plan grows
We perform several important tasks to ensure plan effectiveness:
Ongoing investment monitoring
Ongoing investment recommendations
Qualified Default Investment Alternative assistance
Custom employee investment model portfolios
Investment performance reporting
Plan service designed to save you time and increase effectiveness.
We act as a service provider liaison
Assistance with participant enrollment & education
Help employees: determine investment objectives
Help employees determine investment time horizons
Help employees determine investment objectives
Help employees understand investment concepts & risk/return
We address plan sponsor fiduciary liability in the following ways:
Creation of Investment Policy Statement
Ongoing 3(21) or 3(38) fiduciary services
Education services to Retirement Plan Committee:
Annual 401(k) plan features/design analysis
401(k) plan employee retirement readiness analysis
Education of duties and responsibilities of the Committee
