Fiduciary Best Practices

As an employer, your fiduciary status requires that you understand how much you are paying, are aware of how funds are performing, document the decision-making process, and educate your employees about plan participation and the plan’s provisions. This ongoing responsibility, due diligence, and oversight require time and expertise to meet the fiduciary duties and obligation to employees of the plan sponsors and trustees. With more than 25 years of retirement plan experience, we provide the direction, process, and solutions to develop retirement plans that meet the needs of your business, your employees, and your fiduciary obligation. We take on the role of co-fiduciary as an ERISA 3(38) Investment Manager, create and maintain the Investment Policy Statement, offer initial and ongoing fund selection, and monitor and provide retirement plan “fee benchmarking.”

RTD Managed Portfolios

We offer a range of investment options for the varying investment styles and comfort levels of your plan participants. These options include professionally built and monitored risk-adjusted investment portfolios that offer your employees the same resources and services as wealthy investors. Whether your employees choose individual funds, target-date portfolios, or managed portfolios, we help ensure each employee is diversified, saving enough for retirement, and selecting investments that align with their retirement goals.

Responsible Monitoring & Oversight

Once you’ve set up a plan—whether you are a sole practitioner or a larger corporation with more than 1,000 employees—you need to make sure that the plan is fulfilling your fiduciary responsibility. A successful retirement plan must monitor levels of employee participation, contribution levels, savings rates, and investment returns. And how do you know if the services you are receiving and the fees you are paying are acceptable to the Department of Labor? We have an established and comprehensive benchmarking process that monitors and evaluates every component of your plan so that you continue to meet your fiduciary obligations and your employees can prepare for a better retirement.