F O R P L A N S P O N S O R S
A plan that is mindfully meeting their fiduciary duty, incorporates the corporate culture and goals of the plan into plan design, and has employees who are on track to retire and actively working towards achieving Plan Success.
Retirement Plans
“Structure is essential in building anything that thrives”
A plan that is mindfully meeting their fiduciary duty, incorporates the corporate culture and goals of the plan into plan design, and has employees who are on track to retire and actively working towards achieving Plan Success.
Plan Design
Is your retirement plan designed to generate optimal participant outcomes and control? Retirement plans are as diverse as the companies they serve. We will review your current plan to help determine if your specific needs and objectives are being met through the current design, or if we can provide optional solutions.
The Fiduciary Experience
As the plan sponsor of your qualified retirement benefit, you are a fiduciary. According to the Department of Labor, plan sponsors are required to have a “prudent expert” responsible for their retirement plan. Our team will help you reduce your fiduciary liability by providing regular reviews, benchmarking, and updates regarding public policy and industry litigation.
Vendor Analysis
Has your company outgrown your plan provider? It is important for the trustee(s) to periodically compare the current plan provider. We will create a detailed plan vendor comparison for you to help ensure you have a suitable plan in place for your company and your participants.
Plan Fees And Expenses
The plan fees and expenses will be benchmarked and reviewed on a regular basis to ensure they are competitive within the industry, relative to the plan size. We believe in complete fee transparency at the plan sponsor and participant levels and believe the value of those fees needs to be apparent to the trustees.
Investment Portfolio
An important responsibility of the plan is to offer a portfolio of investment options that cover the major asset classes, styles, and categories. Many times, investment managers, styles, risks, and expenses change over time, which can result in warning signs within the portfolio. Our process utilizes analytical and reporting software for the management of investment decisions, which includes a fiduciary score, asset allocation optimizer, and investment analyzer from a neutral third party. We share our findings and offer recommendations with the trustees of the plan.
