Frequently Asked Questions
How does plan benchmarking improve our 401(k) oversight?
Regular benchmarking ensures your plan fees remain competitive and services are aligned with industry standards. It provides the data needed to fulfill your fiduciary duty of monitoring service providers effectively.
What are the key impacts of SECURE 2.0 on plan design?
SECURE 2.0 introduces mandatory auto-enrollment for new plans, increased catch-up limits, and expanded eligibility for long-term part-time employees. We help you navigate these compliance timelines and optimization opportunities.
How do you support plan sponsors in their fiduciary role?
We act as an independent co-fiduciary, providing 3(21) or 3(38) investment services. Our team establishes a robust fiduciary trail through documented committee meetings, investment policy statement (IPS) management, and ongoing fee monitoring.
What strategies improve participant retirement outcomes?
Success is driven by a combination of smart plan design—such as auto-escalation—and targeted financial education. We focus on participant literacy to ensure employees understand how to leverage the plan for long-term security.
How do you manage the relationship with plan providers and recordkeepers?
We act as your advocate, managing vendor search (RFP) processes and negotiating fee reductions. By maintaining independent oversight, we ensure your recordkeepers and third-party administrators continue to deliver high-quality service.