Retirement Plan Summary of Services
The plan sponsor services we can provide focus on helping businesses not only fulfill their fiduciary obligations, but also maintain a plan that stays current with industry trends and is attuned to the changing needs of your workforce. Our services include an employee communications/ education component designed to help employees take appropriate action and use the plan to save for retirement.
Plan Sponsor Services
Plan Design
- Assistance documenting the plans, goals and objectives
- Guidance on plan design options
- Develop an investment policy statement
- Provide information on retirement plan products and services
- Assistance with plan vendor/record keeper searches
Plan Administration
- Assistance with reviews and updates of the plans. Investment policy statement
- Attendance at plan investment committee meetings
- Reviews of plan fees and services against industry benchmarks
- Ongoing calls/meetings to help assure overall satisfaction with providers
Plan Compliance
- Guidance on defining documenting and disclosing fiduciary actions
Plan Participant Services
Enrollment Services
- Coordination and implementation of employee enrollment meetings- specify format (group and/or individual meetings) and their frequency – to help plan sponsors fulfill their fiduciary responsibilities
Holistic Planning Services
- Access to local financial professionals to provide holistic planning to employees
- Holistic planning services include retirement, education funding, estate planning, and survivorship
Retirement Savings
- Education on benefits of the plan and general financial education
- Education materials, including hypothetical asset allocation models with different time horizon and risk profiles
- Information on plan investment options, types of holdings available, expenses and historic investment performance
Account Distributions
- Information about distribution options (available upon request)