Broker Check

Fiduciary Compliance

Fiduciary Review Program

A Fiduciary review is the cornerstone of our fiduciary compliance service model. We strive to assure that our clients and their various Fiduciaries are aware of their fiduciary rule compliance responsibilities at all times in the ever-changing regulatory environments that we all operate in. We aim to provide ongoing education to our client fiduciaries to enable them to always follow the line to that of best practices.

Fiduciary Review Program Graph

Fiduciary Review

The Fiduciary Review is an all-encompassing deliverable that provides our client fiduciaries education, documentation and plan metrics to meet fiduciary responsibilities and improve operational efficiency.

  • Evaluates plan design and uncovers compliance issues
  • Charts participation, deferral rates and plan performance
  • Benchmarking of Total Plan Cost is included
  • 404(c) Notice and Statement reviewed
  • Compliance Checklist established
  • Fiduciary File current
  • Investment Committee Charter current and relevant
  • Ongoing Best Practices adopted and deployed

Fiduciary Action Plan

  • Periodic compliance training documented/li>
  • Ensures that everything is in order for safe and secure operation of your plan
  • Covers hundreds of fiduciary requirements in 20+ separate education modules

Fiduciary Comfort Graph

Committee Education

We can provide education for plan Fiduciaries with a Multi-year process covering virtually all fiduciary requirements in over 20 learning modules:

  • Fiduciaries, Overview/li>
  • Fiduciary Responsibilities/li>
  • Fiduciary Liabilities
  • Selecting & Monitoring Service Providers
  • Fees & Expenses
  • Selecting & Monitoring Investments
  • ERISA 404(a) & 404(c) Compliance
  • Maintaining Your Fiduciary File
  • Investing in Employer Securities & Real Property
  • Minimizing Risk Strategies
  • Minimizing Risk Strategies
  • Addressing the Participant Experience
  • Prohibited Transactions
  • 408(b)(2) Disclosure Regulations
  • 404a-5 Disclosure Regulations
  • Controlled Groups
  • Mergers & Acquisitions
  • Timely Deposit of Employee Elective Deferrals
  • Exclusion of Employees from Making Elective Contributions
  • Target Date Funds
  • DOMA

Documentation And Fiduciary Checklist 

We assist the plan committee in maintaining everything that might be required for compliance including fiduciary compliance documents such as:

  • Plan Committee Charter
  • Investment Policy Statement
  • Compliance Checklist
  • Fiduciary File Checklist
  • 404(c) Notice and Statement
  • Executive Summaries
  • Committee agendas and minutes
  • Copies of regulatory disclosures and notices
  • And more

We keep a duplicate of all records