Providing Fiduciary Support
Doing what is in the best interest of your plan participants is our primary focus in any retirement plan relationship. Our team will also help to identify the plan fiduciaries within your organization and assist in establishing a fiduciary governance program to keep your sponsored plan in compliance and minimize fiduciary liabilities.
Educating Your Plan Participants
Having well-informed and educated plan participants often results in more successful retirement outcomes. We are passionate about participant education which arms your participants with the knowledge necessary to make informed decisions in support of their end goals. Our education plan includes both group presentations and one-on-one employee consultation meetings at a mutually agreed upon time interval.
Monitoring Your Plan’s Performance
Keeping a watchful eye on the plan's investment menu for both fund performance and fee reasonableness is a pillar of fiduciary governance necessary to run an efficient and compliant retirement plan. Our process includes quarterly monitoring of all the investments in the plan, utilizing a twelve point grading system to ensure that the funds are meeting the requirements of your plan's investment policy statement.
Keeping You Informed
Reviewing your company retirement plan in detail at least annually is crucial to its success. During these reviews, we cover details such as average participation rates, average contribution rates, plan investment performance and fee reasonableness to ensure that the plan is functioning as it should. We can also conduct an analysis of the plan design to determine if any changes are necessary in order to better meet company and retirement plan objectives.