Free your employees and your business from the hidden fees, risks, and agendas of conventional retirement plans.
Following federal guidelines and leveraging a prudent process will reduce your risk and increase the likelihood of better employee retirement outcomes.
Most advisors in the retirement plan industry won’t take on full fiduciary responsibility because they are afraid of the liability that comes along with it.
Simply giving plan participants a mutual fund lineup and some Morningstar profiles does not amount to serious retirement plan education for employees.
Properly vetting retirement plan service providers helps plan sponsors ensure that employees have access to low-cost, best-in-class investment options.
The harsh truth is that many plan advisors shirk fiduciary duties and merely want to do the bare minimum on their way to collecting their fee.
A vast majority of Americans rely on their employer’s retirement plan and Social Security for their retirement income needs.
Too many plan sponsors assume that the advisor’s responsibilities are limited to recommending and managing investment portfolios.
Hiring a contractually named fiduciary (a 3(38) investment manager) is the best way to eliminate risk and help your employees reach their retirement goals.
Knowing the fees in your plan is one of your fiduciary responsibilities, as is ensuring that the fees are reasonable for the services you are receiving.
Hiring the right retirement plan advisor will not only reduce your risk, but it will also help your employees improve their retirement readiness.