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.
• 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.