401(k) Plans
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Does your current provider give personalized retirement advice to each participant? How good is it?
How often does your current provider visit your company and your participants? How often would you like to see them?
Is your current provider acting as a full Fiduciary, in writing, to limit your personal liability as a plan sponsor? Would you like someone who willingly accepts this responsibility?
How does the performance of your investment choices compare to other choices available? Do you get reporting that shows you how they are doing?
Do you really know all the direct and indirect costs that you and your participants are paying for the current provider? How does this compare to other options?
Is the design of your current plan optimized to provide the greatest benefit possible? When was the last time your provider reviewed this with you?
How is the participation rate of your plan? Could it be improved with the right advice?
If these questions make you wonder about the effectiveness of your plan, then a conversation with Tim could yield better results for you and your participants. Give Tim a call at 952-270-9223.
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