Broker Check

Fiduciary Compliance Assistance & Plan Governance Support

Review existing plan governance procedures and provide training for committee members with respect to fiduciary duties

  • Establish “Fiduciary Audit File Checklist” and assist in gathering documents
  • Set up website portal to archive plan documents, reports and correspondence
  • Prepare RFP and request quotes from vendors based on specific plan needs Generate a customized report and analysis which includes a comparison of your current vendor to competitors who meet your specific plan needs criteria (includes an analysis of hard and soft dollar administrative, investment management, asset and other fees charged by each vendor)
  • Prepare investment options mapping and enrollment strategy

This information was developed as a general guide to educate plan sponsors, but is not intended as authoritative guidance or tax or legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation. In no way does advisor assure that, by using the information provided, plan sponsor will be in compliance with ERISA regulations.

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