3(21) and/or 3(38) Investment Advisory Services, Fiduciary Governance, and Employee Communication
Defined Contribution (DC) plans are the centerpiece of America’s retirement system. As a result, the complexities of managing a DC plan have grown dramatically over the past several decades. Employers are expected to oversee a plan that offers a personalized user experience, prudent investment options, and a low-cost, reasonable fee arrangement.
The Employee Retirement Income Securities Act (ERISA) laws require employers to exercise the prudence and skill of an “expert.” If not, they face penalties that are not only severe, but also personal. Over the past 25 years, we have developed a range of services to address the many demands placed on employer-sponsored retirement plans, including:
Measuring your plan against similar size peer groups to guage the success of your plan’s design features, such as;