WORKPLACE RETIREMENT PLAN ADVISORY SERVICES
As a business owner or executive, you care about the success, retention, and development of your workforce. Progress toward an employee's retirement goals is paramount to their financial wellness.
Our Plan Advisory Services for 401k, Profit Sharing, or other types of employer sponsored plans include:
Plan Level Services
- Design of Investment Policy Statement (IPS) and Fiduciary File
- Investment menu review, recommendations, and ongoing monitoring as a 3(21) or 3(38) designated plan fiduciary
- Utilization of FI360 plan benchmarking
- Offering/cost analysis of plan service providers, including Recordkeeper, TPA, and Independent Audit
- Facilitation of ongoing investment committee or plan trustee review meetings
Participant Education Program
- Semi-annual group meetings (plan overview, enrollment, retirement planning education)
- One-on-one participant consultation offering after group sessions
- On-demand: video enrollment meeting for 10+ newly eligible
- Accessible by phone, video, email for employees and enrollments <10 newly eligible
- In-person available for semi-annual meetings within 50 miles of Dayton, Ohio or on a negotiated basis
Standard Pricing
Percentage of plan assets for 3(21) fiduciary advisory services paid directly by plan sponsor or participants through plan assets
-
- $1,000,000 - $3,000,000 = 0.50%
- $3,000,001 - $5,000,000 = 0.40%
- $5,000,001 - $8,000,000 = 0.35%
- $8,000,001 - $12,000,000 = 0.25%
- >$12,000,000 = negotiable
3(38) fiduciary services (fully managed investment portfolios) available on a negotiated basis