For a retirement plan to be successful, we believe the plan sponsor must be highly effective in all four areas of operation. We partner with our clients to build a personalized approach to managing these key elements of their retirement plan.

• Plan compliance assistance
• Assist with plan documents and reporting
• Help with review of plan operation and administration
• Provide guidance on potential options for plan changes based on new regulatory requirements
• Educate regarding potential options to address non-discrimination test failures, if applicable

• Assist with the preparation of an Investment Policy Statement
• Monitor investments according to the Investment Policy Statement
• Benchmark and determine if changes to the investment options should be considered
• Conduct periodic reviews of the retirement plan

• Help plan sponsor create a process to manage their retirement plan and strive to keep it in compliance
• Understand ERISA Section 404(c) and their fiduciary duties
• Implement strategies for managing liability
• Use best practices to promote a comprehensive fiduciary process, and leverage the Fiduciary File Vault Dashboard

• Help employees understand the benefits of their plan
• Inform employees of the auto features (if any) included in the plan
• Seek to maximize employee participation and increase their contributions (within limits)
• Help employees develop appropriate asset allocation strategies by providing sample asset allocation models and investment information on asset classes and subclasses
• Offer ongoing education about retirement planning