Financial Services - Waterford charter Township, Michigan, United States
Over 15 years ago we developed a fully transparent process to identify and eliminate the hidden and excessive fees in 401(k)-style retirement plans.Not content with just saving our clients and their employees money, we began sought to use a portion of the cost savings we had achieved to do even more good.Launched in 2004, our Total Fiduciary Solution℠ is a single point of contact and fully transparent solution that allows Plan Sponsors to outsource nearly all of their day-to-day plan management responsibilities and fiduciary liability. Bottom line, our Total Fiduciary Solution 401(k)℠• saves time and money by shifting responsibility for daily plan management onto our team• reduces the plan sponsors' fiduciary liability to the greatest extent possible• improves plan performance (~3% /yr according to AonHewitt and Vanguard)• enhances employees' retirement readiness and financial wellbeingAs an "ISO" certified fiduciary (1 of 5 in Michigan), we serve as the plan's general contractor and assume primary fiduciary responsibility for pulling together and overseeing the team of independent fiduciaries and subject matter experts needed to provide all the following services. • Plan Administration as §3(16) Fiduciary• Plan Investment Management as §3(38) Fiduciary• Participant Investment Advice as §3(21) Fiduciary• Plan Level Fiduciary Compliance and Governance Oversight as §3(21) FiduciaryThe only thing we can't take off our clients' shoulders is their fiduciary duty for the surveillance and oversight of the plan. Basically, the obligation to attend plan meetings while keeping their eyes and ears open and asking questions.Other services include FeeInsight℠ (a fee benchmarking study) and FiduciaryInsight℠ (a fiduciary governance assessment, and Dept. of Labor audit simulation).We can help you if you want our help. Do you?
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