We help to manage your plan’s investments as a 3(21) or 3(38) fiduciary.

As a 3(21) fiduciary, we give investment advice and fund recommendations to help you and / or your Investment Committee stay on track. Ultimately, you would approve any changes in the lineup with flexibility to customize if you desire. A 3(38) manager will actually make the fund selections without any input on the investment composition. A 3(21) is more popular, yet may choose either as an appropriate means of delegating investment design.

ERISA 3(21) Investment Advisory Services

⦿ Investment advice & fund recommendations
⦿ Investment performance monitoring via Fiduciary Investment Review / RPAG
⦿ Investment Committee guidance & due diligence direction

Service Provider Evaluation

» Fee benchmarking & provider comparative analyses
» Plan review & design

Fiduciary Risk mitigation

An Investment Policy Statement (IPS) is included with a blueprint to guide the Committee on investment categories and performance evaluations. An IPS can help to protect the plan’s fiduciaries by setting out investment goals and procedures for monitoring funds and fulfilling responsibilities under ERISA 404(c).

⦿ Creation of Retirement Committee, documentation, sample of Board Resolution, bylaws, & meeting minutes as needed
⦿ Fiduciary compliance review
⦿ Fiduciary governance report
⦿ Proactive legal & regulatory updates
⦿ Identification of potential compliance & audit issues
⦿ Whitepapers, newsletters, webcasts

EMPLOYee Stewardship

» Education Policy Statement & strategic engagement plan
» Rick comfort profiling
» Investment mapping
» Coordinate investment & economic update memos
» Financial wellness seminars, 1-on-1 financial guidance