How much does your plan cost?
Fiduciaries are responsible for ensuring the plan does not pay excessive fees.
- Do you know exactly how much your company retirement plan is paying in fees and is this information fully documented?
- All plan fiduciaries need to fully understand not only who is receiving compensation, but how much and from what sources.
- Documentation needs to be on file that demonstrates that the plan expenses the sponsor is paying are reasonable.
If you have not benchmarked your plan lately or fully documented all provider revenue arrangements and sources, we can help.
Contact us today for a comprehensive plan benchmark report that includes full fee disclosure and comparative analysis.