Business Retirement Plans
Business Retirement Plans
Retirement plan sponsors—from sole proprietorships with a handful of employees to large corporations—face a unique set of challenges in their fiduciary duties. And recent changes to law have only reinforced the fiduciary nature of the role of plan sponsors, too. That's why we offer a unique set of services to you:
- Excellent service.
- Help with ERISA compliance, including plan design and investment responsibility.
- Unbundled services, including support such as an audit trail.
- Assistance in managing plan expenses (many plans have excessive fees, which reduce long-term returns and make this required task of the fiduciary more challenging).
- Proper asset allocation, including:
- The right balance to
- Provide prudent diversification and
- Narrow choices to a workable number (research demonstrates that too many or unsuitable plan choices doom participants to failure).
- A selection of managed portfolios or lifestyle funds.
- Creating appropriate default options.
- The right balance to
- Design of participation incentives.
- Set up of automatic enrollment.
- Assistance with Pension Reform Act of 2006 rules.
- Employee education and advice.
- Values-based or socially responsible investing (SRI) options.
