We understand how complex plan management can be. That’s why we utilize a measured process in each key area we work with you to help ensure all your bases are covered. Our dedicated team grounds our actions in consistent steps to help you evaluate your choices, decide what’s best for your business, document each step of the way, and monitor your plan’s progress.
Once we collectively decide on the plan design and investment strategy that fits with your objectives and culture, we document the design requirements and compile all documents in a fiduciary audit file. We also create a custom investment policy statement (IPS) that clearly outlines the investment criteria for screening, implementing and replacing investment options. In addition, we create a custom servicing policy statement (SPS) that sets the agreed-upon service levels for everyone involved. And, just as important, we monitor participant behavior and regulatory changes on an ongoing basis against the plan’s objectives and refine as needed.
Learn more about creating an investment policy statement and qualified plan consulting agreement.
Additionally, we can help with decisions involving committees, policies and criteria to serve as a framework for mitigating potential plan risks, and often create written investment and education policy statements. We meticulously document risk management activities and plan sponsor decisions. And, on an ongoing basis, monitor governance initiatives, 404(c) compliance and regulatory changes.
We search for high-quality investment managers who have consistently compensated investors for the active risk taken. Once your portfolio is constructed, we optimize the asset allocation and analyze against unconstrained, efficient portfolios designed to maximize returns at each level of risk. Along the way, we document investment manager research, portfolio construction methodologies, due-diligence data and plan sponsor decisions. Performance, management and fees are monitored and allocations are refined based on investment policy constraints and informed market judgment.
Asset allocation does not guarantee a profit nor protect against loss. Past performance does not guarantee a profit nor protect against loss.
We continue to document ongoing educational activities and employee communication initiatives, monitor participant behavior and education initiative success, and refine policies and plan design as necessary.
Plan design: Requirements for the plan’s design and all plan documents.
Governance: Risk management activities and plan sponsor decisions.
Investments: Investment manager research, portfolio construction methodologies, due-diligence data and plan sponsor decisions.
Education: Ongoing educational activities and employee communication initiatives.
Service providers: Service agreements, platform features and plan sponsor decisions.