Services
Our many years of experience and singular focus on providing group retirement plan services enable us to provide superior service. While our position as independent consultants operating separately from plan administrators and investment providers, allows us to always put our clients’ needs first. We make it a point of pride to always respond quickly to our clients’ emails and phone calls and provide them with the service that everyone expects and deserves.
Investment Advisory Services
Investment Policy Statement. We will assist you in the preparation or review of an investment policy statement (IPS) for your retirement plan.
*Ongoing Investment Recommendations. We will recommend for consideration and selection, specific investments to be held by your retirement plan or, in the case of a participant-directed defined contribution plan, to be made available as investment options. We will recommend, for consideration and selection, investment replacements if an existing investment is determined to no longer be suitable as an investment option.
*Ongoing Investment Monitoring. We will perform ongoing monitoring of investments options in relation to the criteria provided by your investment policy statement.
*Qualified Default Investment Alternative Assistance. We provide assistance with selecting investment products or managed accounts offered by third parties in connection with the definition of a Qualified Default Investment Alternative (QDIA) under ERISA (for plans subject to ERISA).
Performance Reports. We will prepare periodic reports reviewing the performance of all investment options, as well as comparing the performance thereof to benchmarks. The information used to generate the reports will be derived directly from information such as statements provided by you, invest providers and/or third parties.
*Fiduciary services under ERISA (to the extent the plan is subject to ERISA)
Consulting Services
Service Provider Liaison. We shall assist by acting as a liaison between your company and service providers, product sponsors and/or vendors. In such cases, we shall act only in accordance with instructions from you on investment or Ppan administration matters and shall not exercise judgement or discretion.
Education Services to Plan Committee. We will provide education, training, and/or guidance for the members of the Plan Committee with regard to plan features, retirement readiness matters, or duties and responsibilities of the Committee, including education with respect to fiduciary responsibilities.
Participant Enrollment. We will assist in enrolling your eligible employees in the retirement plan, including conducting an agreed upon number of enrollment meetings. As part of such meetings, we will provide participants with information about the retirement plan, which may include information on the benefits of participation, the benefits of increasing contributions, the impact of preretirement withdrawals on retirement income, the terms and the operation of your retirement plan.
Participant Education. We will assist with participant education, which may include preparation of education materials and/or conducting investment education seminars and meetings for participants. Such meetings, may be on a group or individual basis, and may include information about the investment options under the Plan (e.g., investment objectives, risk/return characteristics, and historical performance), investment concepts (e.g., diversification, asset classes, and risk and return), how to determine investment time horizons and assess risk tolerance. Such meeting shall not include specific investment advice about investment options as being appropriate for a particular participant, buy may include use of educational investment models.
Plan Search Support/Vendor Analysis. We will assist with the preparation, distribution and evaluation of Request for Proposals, finalist interviews, and conversion support.
Benchmarking Services. We will provide you with comparisons of your retirement plans data (e.g., regarding fees, services, participant enrollment and contributions) to data from prior years and/or a benchmark group of similar plans.
Assistance Identifying Plan Fees. We will assist you in identifying the fees and other costs borne by your retirement plan for, as specified by client, investment management, recordkeeping, participant education, participant communication and/or other services provided with respect to your retirement plan.