Fiduciary Benchmarking
Full Fee Analysis
- Internal fund expenses
- Recordkeeping and custodial fees
- Third party administration fees:
- Compliance
- Annual testing
- 550 forms - Advisor compensation
- Participant charges
Plan Design Assistance
- Evaluate plan design
- Review plan utilization:
- Ownership
- Key Management
- Highly compensated employees
Fund Analysis
- Investment selection process
- Review investment Policy Statement (IPS)
- Analyze funds for peer performance
Plan Administrative Services
- Confirm reporting requirements are met
Evaluate Fiduciary Exposure & Liability
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Employee Communication & Education
- Evaluate participant education
- Determine if objectives are being met