Retirement Plan Management
Set-up and Monitor the Retirement Plan Committee
Establish by laws and guide plan spon-
sors on best practices for helping to ensure the most efficient utilization
and value possible to the committee.
Create and Maintain the Investment Policy Statement
Annual review and implementation of
best fiduciary practices.
Perform On-Site Committee Meetings
Meetings vary between quarterly and
annually.
Create/Maintain/Manage/
Rebalance Risk-Based Model Portfolios
Want to learn more about retirement, social security, or estate strategies? We have a wealth of resources.
Provide Committee Meeting Reports
In order to maintain proper plan governance and committee member oversight reports can include:
- Morningstar Investment Reports
- Fiduciary Benchmarking reports on all investment options based on 11-point criteria
- Monitor and maintain an investment watch list with recommendation
- Demographic studies on plan participants
- Fee reports and cost analysis including benchmarking to industry
- Fee reports and cost analysis including benchmarking to industry standards and similar plan sizes
Education for Participants
Years of experience have prepared us to guide you through your life transitions.
Liaison
We act as a liaison between the plan sponsor and the recordkeeper/administrator and custodian.
Conduct Plan Benchmarking Studies
Perform an analysis on total plan fees
and costs to make sure the plan is in
line with industry standards.
TPA/Record Keeper Services
Offered by our plan partners, we have the ability to use different platforms for recordkeeping / getting quotes
from multiple providers and the ability to use bundled or unbundles services. - if unbundled we can use any third party administrator for compliance, admin, 5500 of plan.
Manage the Request For Proposal (RFP) Process
Help plan sponsors implement, maximize, and target their best retirement plans for their participants.
3(21) Fiduciary Services
A 3(21) investment fiduciary is a paid professional who provides investment recommendations to the plan sponsor/trustee. The plan sponsor/trustee retains ultimate decision making authority for the investments and may accept or reject the recommendations. Both share the
fiduciary responsibility.
3(38) Fiduciary Services
A 3(38) advisor has the discretion to make fund decisions. By properly appointing and monitoring an authorized 3(38) investment manager, a plan sponsor/trustee is relieved
of all fiduciary responsibility for the investment decisions made by the investment professional.
Retirement Plan Compliance and Education Program
A 3(38) advisor has the discretion to make fund decisions. By properly appointing and monitoring an authorized 3(38) investment manager, a plan sponsor/trustee is relieved
of all fiduciary responsibility for the investment decisions made by the investment professional.
- Diligence and review participants and beneficiary disclosures
- Diligence and review of IRS and DOL financial reporting and filings
- Assess discrimination and testing reports
- Assess plan document compliance with PPA, HEART, WRERA
- Assess QDIA and hardships
- Diligence and review of compliance testing requirements
- Provide reports on diligence results
- Prepare a customized compliance calendar for your HR team