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.
Each committee should establish a fundamental set of beliefs relative to the construction of an investment menu. To learn more about the work we have done to review our clients' investment positions and menu design, download our investment menu review case study.
We partnered with a new client in 2017 to complete a detailed review of their retirement plans. The goal was to improve investment performance, reduce plan expenses and improve participant outcomes.