A plan sponsor toolkit
Recordkeepers are a critical partner in a successful 401(k) or 403(b) retirement plan and monitoring their services and fees is one of the most important duties of a fiduciary.
Periodic benchmarking can help keep a plan's fees in line with the marketplace but is not a replacement for a full vendor search process.
We also understand that recordkeeping RFPs are can feel complicated and overwhelming for plan sponsors.
For that reason, we have pulled together a toolkit of information for plan sponsors looking to conduct an RFP, but unsure where to start or what to do.