Plan Benchmarking

Why Benchmark Your Plan?

  • Clear documentation of an objective fiduciary process
  • Lower probability of litigation
  • Opportunity for reducing the cost of fiduciary liability coverage
  • Above and beyond the requirements of 408(b)(2) compliance in obtaining full fee disclosure
  • Provides a “real plans data” framework to manage plan fees and services with the record keeper and other service providers
  • Supports plan design and benefits decisions by relating your plan to other plans like yours
  • Enables you to understand and move the plan toward “best practices”

Contact us today for a comprehensive plan benchmark report that includes full fee disclosure and comparative analysis.