Plan Fiduciary Support Services include:

Analyzing plan expenses to help ensure value to plan sponsors and plan participants
Setting guidelines for prudent investment practices and the identification of strengths and weaknesses in the plan management process
Assisting with Investment Policy Statement (IPS) development to set boundaries and evaluation standards in the investment management process
Creating a robust investment menu to allow participants to build a prudent investment portfolio seeking effective and more consistent outcomes
Educating participants to create clarity and encourage better use of the plan and its integration with their personal planning
Performing ongoing due diligence of investment managers and vendors to maintain an effective investment offering
Monitoring plan areas to help ensure the retirement program stays effective and relevant each year and is in line with the company’s values
Documenting your due diligence process to help manage plan risk upon a plan audit

401(k) Prosperity^TM Plan Fiduciary Support Services

Every day, you’re watching out for the well-being of your employees. But who’s watching out for you?

Making prudent decisions regarding your company retirement plan requires significant time, regulatory knowledge, and deep investment expertise. Without all three, employers can unwittingly open themselves and their plan to liability. The problem is, becoming an ERISA expert may not be the best use of your time or talent, and appointing an investment committee alone will not satisfy the full range of checks and balances required to close the gap on potential liability or litigation.

As an investment fiduciary advisor, 401(k) Prosperity™ serves as an extension of your internal team, assisting you in establishing and/or maintaining a consistent, ongoing, documented process of prudent oversight and due diligence. We will help identify the potential risk to the plan sponsor so you can choose to accept the risk, delegate the risk, or institute procedures to mitigate the risk. More importantly, we have a vested interest, serving your plan and its participants in an investment fiduciary capacity and sharing fiduciary responsibility and accountability.

The 401(k) Prosperity™ advisory system was developed around our strengths, which include our ability to:

Provide objective, timely, relevant, and actionable advice from an independent perspective

Serve as ERISA 3(21) investment fiduciaries and 3(38) investment managers

Bring competent and dedicated team expertise across all aspects of company retirement plan design and management through a team of independent, investment fiduciary advisors, each of whom has earned one or more of the following industry designations and/or certifications:

Accredited Investment Fiduciary^® (AIF^®)
Certified Financial Planner^TM (CFP^®)
AICPA Personal Financial Specialist (PFS)
Certified Public Accountant (CPA)
Chartered Financial Analyst (CFA)
Certified Plan Fiduciary Advisor (CPFA)
Certified in Investment Performance Management (CIPM)
Chartered Retirement Planning Counselor^® (ChFC^®)
Chartered Financial Consultant^SM (CRPC^®)

Cefex Certified

401(k) Prosperity^®has earned the Fiduciary Excellence Certification from the Centre for Fiduciary Excellence (CEFEX), an independent organization that assesses and certifies Registered Investment Advisers for fiduciary excellence.

CEFEX-certified firms demonstrate adherence to the “Prudent Practices for Investment Advisors” standard which captures the industry’s best practices ranging from how investment due diligence is performed, to how an investment policy statement is written and managed, how a service agreement is written and adhered to, and how confidential client data is secured.

As part of our ongoing commitment to excellence, 401(k) Prosperity^® will voluntarily undergo rigorous, annual CEFEX audits to be sure we’re keeping pace with the industry’s best practices for serving plan sponsors and their plan participants.

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