Managing governmental retirement plans, whether 457(b), 401(a), or others, requires balancing fiduciary responsibility, cost efficiency, and participant outcomes. But when plans are fragmented across multiple providers, inefficiencies multiply: higher fees, underperforming investments, and administrative complexity.
Multnomah Group reviewed our client, a large, well-known public higher education system that requested assistance in developing and implementing a new target date fund suite for its plan participants. This case study explains our process to find our client a satisfactory target date fund series.
This case study discusses the work we did for a small hospitality company whose retirement plan was being serviced by its payroll provider. The company was starting to feel frustrated with its plan operations.
This Case Study explores the challenges faced by small organizations in the management of their 401(k) retirement plans and how improved governance processes can address these issues.
The challenges facing 401(k) and 403(b) retirement plan sponsors to ensure the fees associated with their retirement plan are reasonable in light of the services rendered can seem daunting. It's a balancing act requiring a diligent vendor monitoring program. An example of the work we do to assist our clients in this fiduciary duty is outlined in this case study focused on fee benchmarking.