Why Hire a Retirement Plan Advisor?
ERISA’s rules are crystal clear every decision you make as a fiduciary must be in the best interests of plan participants and their beneficiaries and certain relationships may result in prohibited transactions.
Looking for a new 401(k) provider can be time consuming, cumbersome and downright frustrating. Your RPAG advisor shoulders the responsibility of a process-driven plan provider Request for Proposal (RFP), including collecting the quotes, spreadsheeting the data, and presenting the final report to your committee.
Through the process, corporate officers meet their fiduciary duty to monitor plan fees and make important plan provider decisions, while ensuring the best possible plan at the most competitive cost for participants.