Benchmarking and Vendor Search

The fees you’re paying service providers can be substantial as well as confusing. We help you understand these fees and show you how they benchmark against industry standards. We implement and oversee vendor search and selection through an RFP process that provides insight on providers and helps build a basis to negotiate fees.

Investment Selection and Monitoring Services

Selecting and monitoring investments can be an overwhelming process for plan fiduciaries. We help by assisting in the selection of investment options that best fit the employee demographics, plan goals, and adhere to the plan’s investment policy statement. We will work with you to establish an ongoing process to monitor the investment options and make changes as needed.

Investment Policy Assistance

We will work with the plan sponsor to gain an understanding of their investment objectives, risk tolerance, and goals of their plan. We then help to construct or enhance the investment policy statement.

Investment Manager Monitoring Services

A plan sponsor maintains responsibility for the selection and monitoring of a contracted 3(38) investment manager. We can assist in monitoring and benchmarking the investment manager that you’ve chosen to ensure that the plan is meeting its fiduciary responsibilities.

Participant Services

We deliver a custom approach that meets the goals of the plan sponsor as well as the needs of employees. We assist with enrollment services, presentations, educational materials, and complete financial wellness programs. Our team also works to improve employees understanding of your plan, encourage participation, and promote satisfaction.

Plan Sponsor Education

We work with plan sponsors to help them understand their fiduciary standard of care and guide them toward a detailed due diligence process. Examples of education areas include, but are not limited to, plan design, adherence to 404(c) requirements, participant disclosure requirements, meeting minutes, bonding/insurance requirements, documentation, etc.

Plan Design Consulting

We assist the plan sponsor in designing a plan that best fits the goals of the organization and helps participants achieve a successful retirement.

Non-qualified plan consulting

A non-qualified plan is usually offered as an additional benefit to a select group of individuals. This type of plan can help employees contribute additional money outside of the qualified plan. Our team can assist you in understanding the complexities of a non-qualified plan.