We become the “Fiduciary Liaison” between the employer and the DOL.
Because we are all on the same team, we can help the employer in the event of an audit. We understand how the process works and can easily interpret what is needed.
We become the liaison between the employer and the recordkeeper/ administrator.
This is the world that we work in, so we understand the language that is used. It is part of our role to help the employer feel comfortable with what is needed and how to get that information in a timely manor.
Analysis and full disclosure of all plan fees.
We dig into all the underlying fees that do not seem apparent to the average person. We want everyone to know exactly what they are paying and understand why.
Unbiased and comprehensive investment selection process.
As we said in “what is our differentiation,” because we have no affiliations we can provide the best investment options for each employer and their participants. Each group of participants will have a slightly different objective.
Unbiased search capabilities for the plan’s various vendors (i.e. recordkeeper, custodian, compliance testing, etc.).
Because our team has worked in the retirement plan industry for so long, we know various providers and the ideal fit for each.
Very detailed investment monitoring process.
We monitor the investments monthly and provide a comprehensive quarterly investment report. We have a documented process that is followed. We are always looking out for the employer but just as importantly the plan participant.
Personalized investment advice to participants as well as distribution planning to retirees.
We are always available to provide individualized participant advice.