- ERISA holds retirement plan fiduciaries to the highest legal standards. To help meet these legal requirements, we can provide plan sponsors with the independent, objective consulting and guidance necessary to effectively meet and manage ERISA standards. Proper selection and ongoing monitoring of investment alternatives within the plan is a critical aspect of the fiduciary process. Our independent and objective analysis provides plan sponsors with the specific detailed information necessary to make informed decisions on behalf of the plan and help fulfill its fiduciary obligation.
Consulting and Fiduciary services:
Conduct a plan feasibility study based on specific goals set by the client
Review and Preparation of the plan documents and summary plan description
Fiduciary Risk Management
Fiduciary Audit File
Risk Management through prudent processes, procedures & documentation
Annual review of plan design and modifications as necessary
Investment Policy Statement, documentation and adherence
Properly establish a Plan Management Committee including bylaws
Develop and implement formal education plan
Semi-annual fiduciary review and analysis
Evaluate the quality of your current investment platform
Calculate plan level expenses and vendor revenue
Calculate investment performance and associated risk
Ongoing investment in technology
Fiduciary tools and support
State-of-the-art reporting
Benefit Investment Group Inc. - Professional 401(k) Managers -
Consultants - Administrators
