During the life of your business, our 401(k) financial advice process we can help lower your plan fees, offload some of your fiduciary responsibility, and lower your legal risk by implementing our 401(k) plan management process.
What Our Clients Value About Us
Improved participant outcomes
Less time spent on plan/administration
Objective resource to help make plan decisions
To ensure your plan fees are reasonable, we systematically perform the following tasks:
Annual Investment Fee benchmark
Annual Record Keeper benchmark
Annual Financial Advisor Compensation benchmark
Proactively re-negotiate vendor fees as plan grows
Proactively lower our own fees as plan grows
We perform several important tasks throughout the year to ensure the effectiveness of the plan:
Ongoing investment monitoring
Ongoing investment recommendations
Qualified Default Investment Alternative assistance
Custom employee investment model portfolios
Investment performance reporting
A well-executed plan service strategy includes items
designed to save you time and increase effectiveness.
We act as a service provider liaison
Assistance with participant enrollment & education
Help employees determine investment objectives
Help employees determine investment time horizons
Help employees determine investment objectives
Help employees understand investment concepts & risk/return
We address your fiduciary liability as the sponsor of a
401(k) plan for your employees in the following ways:
Creation of Investment Policy Statement
Ongoing 3(21) or 3(38) fiduciary services
Education services to Retirement Plan Committee:
Annual 401(k) plan features/design analysis
401(k) plan employee retirement readiness analysis
Education of duties and responsibilities of the Committee
Inside the Rasmussen Advisors® 401(k) Participant Portal, your employees will find a Financial Wellness Toolkit, a dedicated service suite, and access to Rasmussen Advisors University® where they will have access participant-exclusive educational webinars and an ever-growing knowledge base filled with helpful financial articles and how-to’s.
Your employees will have access to invite-only monthly online educational webinars exclusively designed for employees in various stages of their careers. With topics including financial planning, 401(k) accounts, and much more, benefiting those at all career stages, early career professionals and those nearing retirement alike.
Your employees will have access to a custom retirement plan built using Nitrogen® by Riskalyze® retirement planning software. Its award-winning technology was built on a scientific framework that won the Nobel Prize for Economics and helps ensure we give your employees advice that works in concert with their investment goals and expectations.
