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401(k) REVIEW
A 401(k) Review could potentially reduce
your plan fees, show you how to meet your fiduciary responsibility, and
get your employees on the right path to a successful retirement.
In today’s unstable
economy, your employees are relying on you more than ever to effectively
manage their benefits and investment accounts. To do this, you must take
responsibility for juggling many complex decisions – decisions that
affect the livelihood of your employees. The more balls you have in the
air, the greater the risk to everyone’s bottom line. To take care of
your employees, and ultimately, your company, you must take care to
streamline your juggling act.
Freedom One Investment
Advisors, Inc. can help by taking the risk and liability for your
employees’ investment plans. As Michigan’s leader in 401(k) management,
we specialize in investment programs that are proven and successful,*
all while removing the liability of fiduciary responsibility from your
organization.
A 401(k) review can help you:
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Uncover hidden costs or unnecessary
fees, which can often reduce your plan costs substantially
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Assess how your current plan compares
to alternatives in the marketplace.
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Put you on the path to meeting your
fiduciary responsibilities under ERISA
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Recommend solutions that may improve
overall plan performance and satisfaction
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Insure you are providing the best plan
possible to participants.
We examine your plan in five critical areas:
- Fiduciary Compliance
- We review fiduciary structure, process, documentation, and compare to DOL
expectations.
- Investment Quality -
We benchmark the quality and suitability of your plan's investment options.
- Employee Asset
Allocation - We examine employee investment choices.
- Employee Education &
Communication - We review the effectiveness of your employee education
program.
- Fees and Expenses -
We document and evaluate plan expenses.
More often than not, this is an
eye-opening process that puts plan sponsors in a position to make
informed decisions. It's an opportunity for them to ensure the
success of their 401(k) plan and identify areas of potential
improvement.
*When compared to industry averages and
peer groups | 
